JK Paper, a prominent player in the paper industry, reported a challenging quarter with a significant fall in profits despite marginal revenue growth.
Financial Highlights
- Revenues increased 3.92% year on year to ₹1,749 crore from ₹1,683 crore.
- Total expenses rose 6.25% to ₹1,667 crore from ₹1,569 crore.
- Consolidated net profit declined 39.53% to ₹78 crore from ₹129 crore.
- Earnings per share (EPS) decreased 41.90% to ₹4.41 from ₹7.59.
Key Insights
- The profit decline was primarily due to higher raw material costs and increased operating expenses.
- Revenue growth was supported by stable demand, but input costs impacted margins.
- The company’s operating margins contracted due to the rising cost pressures.
- JK Paper is focusing on cost control measures, efficiency improvements, and product innovation to combat margin compression.
Outlook
While near-term profit pressures persist, JK Paper remains optimistic about medium-term growth driven by demand recovery, capacity utilization, and value-added products. The company aims to improve operational efficiencies and focus on sustainable profitability.
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