West Coast Paper Mills announced Q2FY24 results: Consolidated Q2FY24: Revenue: Rs 1,193.84 crore, a 5% QoQ increase. EBITDA: Rs 345.55 crore, a -20% QoQ change. PAT: Rs 218.54 crore, showing a -21% QoQ change. PAT Margin: 18%, with a -6% QoQ change. EPS: Rs 28.88, a -22% QoQ change. Standalone Q2FY24: Revenue: Rs 706.36 crore, an 8% QoQ increase. EBITDA: Rs 227.92 crore, a -9% QoQ change. PAT: Rs 155.61 crore, showing a -3% QoQ change. PAT Margin: 22%, with a -3% QoQ change. EPS: Rs 23.56, a -3% QoQ change. Commenting on the results S.K. Bangur, Chairman & Managing Director, West Coast Paper Mills said, “During the reporting quarter, we experienced a decline in product prices, coupled with an increase in both variable and fixed operating costs. This dual challenge added pressure to our financial performance. It is essential to highlight that our unwavering focus remains on enhancing operational efficiency and expanding our product offerings. We firmly believe that these strategic initiatives will not only help us cross the current challenges but also pave the way for a stronger and more positive outlook for the company.” Result PDF