Paper & Paper Products company JK Paper announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations (Net): For Q4FY26, consolidated revenue was Rs 1,965.95 crore, up 17.23% YoY from Rs 1,677.05 crore and up 14.50% QoQ from Rs 1,716.95 crore. Annual consolidated revenue for FY26 reached Rs 7,076.03 crore, up 6.21% compared to Rs 6,662.49 crore in FY25. Total Income: Consolidated total income for Q4FY26 stood at Rs 1,968.50 crore, up 16.57% YoY and 13.53% QoQ. Annual total income for FY26 was Rs 7,136.09 crore, up 5.57% over Rs 6,759.53 crore in FY25. EBITDA: Consolidated EBITDA for Q4FY26 was Rs 279.07 crore, up 21.81% YoY and 44.46% QoQ. For the full year FY26, it reached Rs 984.11 crore compared to Rs 1,026.31 crore in FY25. Profit Before Tax (PBT): Consolidated PBT for Q4FY26 was Rs 116.80 crore, a YoY growth of 26.20% and a QoQ growth of 239.44%. Annual PBT for FY26 stood at Rs 364.48 crore, a decline of 29.49% from Rs 516.96 crore in FY25. Net Profit (attributable to owners): The consolidated net profit for Q4FY26 stood at Rs 91.98 crore, up 35.76% YoY and 336.75% QoQ. For the full year FY26, it was Rs 265.84 crore, representing a 34.97% decrease compared to Rs 408.79 crore in FY25. Standalone Financial Highlights Revenue from Operations (Net): For Q4FY26, revenue stood at Rs 1,807.00 crore, reflecting a YoY growth of 9.35% compared to Rs 1,652.49 crore in Q4FY25 and a QoQ growth of 15.80% compared to Rs 1,560.48 crore in Q3FY26. For the full year FY26, revenue reached Rs 6,631.70 crore, showing a marginal increase of 0.34% over Rs 6,609.44 crore in FY25. Total Income: Standalone total income for Q4FY26 was Rs 1,812.96 crore, up 8.58% YoY and up 15.22% QoQ. Annual total income for FY26 stood at Rs 6,685.68 crore compared to Rs 6,702.53 crore in FY25. EBITDA: EBITDA for Q4FY26 was Rs 232.30 crore, showing a YoY growth of 7.56% and a QoQ growth of 58.88%. For the full year FY26, EBITDA stood at Rs 828.76 crore, a decrease of 9.37% from Rs 914.42 crore in FY25. Profit Before Tax (PBT): PBT for Q4FY26 was Rs 108.18 crore, increasing by 12.76% YoY and 489.86% QoQ. For the full year FY26, PBT stood at Rs 320.41 crore, down 31.05% compared to Rs 464.67 crore in FY25. Net Profit: The company reported a standalone net profit of Rs 82.56 crore for Q4FY26, up 11.60% YoY and 460.87% QoQ. Annual net profit for FY26 reached Rs 241.02 crore, a decrease of 34.84% from Rs 369.89 crore in FY25. Business Highlights Segment Performance (Consolidated): Paper and Packaging Products: This segment contributed revenue of Rs 1,885.56 crore in Q4FY26 and Rs 6,890.28 crore for the full year FY26. Others: This segment contributed revenue of Rs 81.99 crore in Q4FY26 and Rs 192.17 crore for the full year FY26. Dividend: The Board of Directors has recommended a dividend of Rs 4.00 per Equity Share (40%) on 18,13,18,771 Equity shares of Rs 10/- each for the financial year ended March 31, 2026. BCTMP Plant: The commissioning of the Hardwood Bleach Chemical Thermo-Mechanical Pulp ("BCTMP") Plant is currently at an advanced stage with commercial production expected from the 1st quarter of FY26-27. Exceptional Item: The company recognised an incremental impact towards retirement obligations following the notification of four New Labour Codes, amounting to a consolidated Rs 16.30 crore for the year ended March 31, 2026. Corporate Structure: Pursuant to a Composite Scheme of Arrangement, The Sirpur Paper Mills Ltd has become a Wholly Owned Subsidiary of JK Paper Ltd, effective March 15, 2026. Commenting on the results, Shri Harsh Pati Singhania said, “Higher volume with improved operational efficiencies have contributed to better performance during the current quarter compared to the corresponding period as well as sequentially. High wood costs and low-priced imports have severely eroded industry margins. Despite this, the Company achieved its highest ever Paper and Board sales of 8.19 Lac MT during F.Y. 2025-26 and maintained its leadership position across its product categories. The performance of the Company’s packaging conversion business also improved during the year. Sharp rupee depreciation against the Euro resulted in restatement losses, adversely impacting net profit” He further added, “The Composite Scheme of Arrangement, as approved by the Board of Directors of the Company, has been sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench (“NCLT”) vide its Order dated 3rd February 2026 (“Order”) and has become effective from 15th March 2026. Consequent to the Scheme, The Sirpur Paper Mills Ltd, a Step-down Subsidiary of the Company, has become a Wholly Owned Subsidiary of JK Paper Ltd. and three of the packaging conversion companies have been amalgamated. The commissioning of the Hardwood Bleach Chemical Thermo-Mechanical Pulp (“BCTMP”) Plant of Unit CPM, Gujarat, is currently at an advanced stage with commercial production expected from the 1st quarter of FY27. This backward integration will enable consistent supply of high-quality BCTMP pulp, eliminating the need for import of costly imported Hardwood BCTMP pulp.” Result PDF