JK Paper Reports Q2 FY 2025-26 Turnover of Rs. 1,870 Crore
Filing Summary
JK Paper Ltd. announced its unaudited financial results for the quarter ended September 2025, reporting a consolidated turnover of Rs. 1,870 crore. The company’s EBITDA for the quarter stood at Rs. 244 crore, with a profit after tax of Rs. 75 crore. For the half-year period, the consolidated turnover reached Rs. 3,655 crore. The company faced challenges in the paper and paperboard segment due to increased wood costs and lower sales realization. JK Paper’s packaging conversion subsidiaries showed improved performance during the quarter.
JK Paper Ltd. released its unaudited financial results for the quarter ending September 2025. The company reported a consolidated turnover of Rs. 1,870 crore, marking its highest quarterly turnover. The EBITDA for the quarter was Rs. 244 crore, and the Profit after Tax (PAT) was Rs. 75 crore. For the half-year ending September 2025, the consolidated turnover was Rs. 3,655 crore, with an EBITDA of Rs. 516 crore and a PAT of Rs. 156 crore.
The company highlighted challenges in the Paper and Paper Board segment, primarily due to higher wood costs and lower sales realization from cheap imports. These factors adversely affected profitability despite increased sales volume. The company’s packaging conversion subsidiaries showed improved performance during the quarter.
JK Paper noted the impact of recent changes in GST rates on the industry. The GST on paper and boards increased from 12% to 18%, while it was reduced to 5% on converted products like mono cartons and corrugated boxes, resulting in an inverted duty structure. The GST on notebooks was reduced to nil, affecting input credit for manufacturers. The company, along with the Indian Paper Manufacturers Association, has made representations to the government regarding these issues.
During the quarter, JK Paper continued its focus on social farm forestry across its plant locations, planting 5.39 crore saplings over 37,260 acres. The company also maintained its CRISIL ratings at “CRISIL AA/Stable, CRISIL A1+” for its bank facilities, non-convertible debentures, and commercial papers.
The company’s CSR activities covered over 860 villages across nine states, benefiting more than 11.77 lakh individuals. Key areas of intervention included livelihood promotion, women empowerment, education, skill development, and community development. JK Paper received several awards during the quarter, including the Gold Award at the 7th CCQC from the Quality Circle Forum of India and the National Energy Leader Award from the Confederation of Indian Industries.
JK Paper Ltd. is a leading producer of branded copier paper in India and a significant player in coated paper and packaging products. The company focuses on value-added products such as copier, bond, security, and coated papers, as well as virgin fiber packaging boards and food-grade papers. JK Paper is committed to sustainability, being both wood and carbon positive.