Paper & Paper Products company JK Paper announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Consolidated Turnover at Rs.1,777 crore. EBITDA: Rs.295 crore. Profit after Tax (PAT): Rs.128 crore. H1FY25 Financial Highlights: Consolidated Turnover was Rs.3,582 crore. EBITDA: Rs.605 crore. PAT: Rs.268 crore. Shri Harsh Pati Singhania, Chairman & Managing Director, JK Paper, said: “The results have been primarily affected due to continuing high wood cost. Sizeable increase in imports at much lower prices have significantly impacted volume and realisation in the Printing & Writing and Packaging Board Segment.” Result PDF
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