JK Paper (532162) Q2 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2025 were approved by the Board on 3rd November 2025.

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

Financial highlights

• Standalone revenue from operations for Q2 FY26 was ₹1,420.59 crore, up from ₹1,360.29 crore in Q1 FY26 and ₹1,518.19 crore in Q2 FY25.

• Standalone net profit for Q2 FY26 was ₹56.55 crore, down from ₹72.56 crore in Q1 FY26 and ₹120.95 crore in Q2 FY25.

• Consolidated revenue from operations for Q2 FY26 was ₹1,748.53 crore, up from ₹1,674.16 crore in Q1 FY26 and ₹1,682.93 crore in Q2 FY25.

• Consolidated net profit attributable to owners for Q2 FY26 was ₹74.75 crore, down from ₹81.23 crore in Q1 FY26 and ₹128.51 crore in Q2 FY25.

Outlook and guidance

• The company continues to face margin pressure from high input costs and low sales realization due to imports.