Paper & Paper products company JK Paper announced consolidated Q1FY25 results: The company recorded a Turnover of Rs 1,804.47 crore EBITDA: Rs 309.33 crore Profit after Tax (PAT): Rs 139.72 crore Commenting on the results, Harsh Pati Singhania, Chairman & Managing Director, said, “The results have been adversely impacted due to significant drop in market prices coupled with surge in wood cost as compared to the corresponding quarter. The Company however increased sales volume driven by higher utilisation in Packaging Board Business.” He added, “the Company acquired balance 15% Equity shares of its Subsidiary Companies, Horizon Packs Pvt. Ltd (HPPL) and Securipax Packaging Pvt. Ltd (SPPL). Post this, HPPL and SPPL have become Wholly Owned Subsidiaries of the Company.” In order to mitigate long term raw material availability and cost increase, the Company has further stepped up its social farm forestry initiatives. The Company continued its CSR activities in the areas of Women empowerment, Education, Healthcare, Sustainable Agriculture, Rural Infrastructure and Natural Resource Management. Result PDF