JK Paper (532162) Q1 25/26 earnings summary

Executive summary

• Unaudited financial results for the quarter ended 30th June 2025 were approved, with both standalone and consolidated statements reviewed and published.

• Board approved the issue of up to Rs. 500 crore in redeemable Non-Convertible Debentures for capex, working capital, and general corporate purposes.

• Acquisition of a 72% stake in Borkar Packaging Private Limited was approved, with the remaining 28% to be acquired within four years.

Financial highlights

• Standalone net profit after tax for Q1 FY26 was Rs. 72.56 crore, down from Rs. 109.06 crore in Q1 FY25.

• Standalone revenue from operations (net) was Rs. 1,471.01 crore, compared to Rs. 1,438.97 crore in Q1 FY25.

• Consolidated net profit after tax for Q1 FY26 was Rs. 85.44 crore, down from Rs. 140.79 crore in Q1 FY25.

• Consolidated revenue from operations (net) was Rs. 1,713.65 crore, compared to Rs. 1,699.28 crore in Q1 FY25.

• Earnings per share (consolidated, basic) for Q1 FY26 was Rs. 4.80, down from Rs. 8.25 in Q1 FY25.

Outlook and guidance

• Performance was adversely impacted by lower volume and sales realization due to cheap imports and high wood costs.

• Sirpur Paper Mills had an annual planned shutdown during the quarter, further affecting consolidated results.