JK Paper (532162) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 consolidated net revenue rose to ₹1,939.04 crore from ₹1,732.09 crore YoY; EBITDA was ₹300.86 crore and PBT ₹143.72 crore. Management cited better product mix.

• H1 FY27 consolidated net revenue was ₹3,826.21 crore, EBITDA ₹621.76 crore and PBT ₹326.00 crore; prior-year comparatives were restated.

Financial highlights

• Standalone Q2 FY27 net revenue was ₹1,737.10 crore vs ₹1,664.05 crore YoY; EBITDA ₹241.35 crore vs ₹207.42 crore; net profit ₹84.23 crore vs ₹67.52 crore.

• Standalone H1 FY27 net revenue was ₹3,436.89 crore vs ₹3,264.22 crore; EBITDA ₹500.17 crore vs ₹450.25 crore; net profit ₹197.23 crore vs ₹143.74 crore.

• Consolidated H1 FY27 net profit was ₹241.21 crore vs ₹151.78 crore in the restated prior-year period.

• No exceptional items were reported for the current quarter.

Segment performance

• Paper and Packaging reported Q2 FY27 segment revenue of ₹1,893.42 crore and PBIT of ₹176.04 crore; H1 revenue was ₹3,723.22 crore and PBIT ₹355.98 crore.

• Other segments reported Q2 revenue of ₹47.22 crore and PBIT of ₹3.16 crore; H1 revenue was ₹106.20 crore and PBIT ₹14.17 crore.

• Better product mix contributed to improved performance.