Summary of Key Information:
Reporting Period: Quarter ended 30th June, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results and Corporate Actions
Audit Opinion:
Clean (Unqualified) - Limited Review Report states "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement"
Key Financial Highlights [₹ in crore]:
Standalone Results:
Revenue from Operations: ₹560.37 crore (Q1 FY26: ₹510.19 crore | YoY growth: 9.8%)
Total Income: ₹560.58 crore (₹560.37 + ₹0.21 other income)
Net Profit: ₹38.61 crore (Q1 FY26: ₹31.50 crore | YoY growth: 22.6%)
EPS: Basic ₹6.21, Diluted ₹5.69 (Q1 FY26: Basic ₹5.01, Diluted ₹4.53)
Other Equity: Not specified in results table
Expense Breakdown:
Cost of materials consumed: ₹352.84 crore
Purchases of stock-in-trade: Not specified
Change in stock: ₹- (negligible)
Power and Fuel: ₹6.65 crore
Employee benefits expense: ₹34.00 crore
Finance costs: ₹16.96 crore
Depreciation and amortization: ₹12.93 crore
Other expenses: ₹59.79 crore
Profitability Metrics:
Profit before exceptional item and tax: ₹53.26 crore
Exceptional Items: ₹- (none for current quarter)
Tax Expense: ₹14.65 crore
Other Comprehensive Income:
Items that will not be reclassified to Profit or Loss: ₹1.19 crore
- Fair value through OCI of Equity Investment (net of tax): ₹0.91 crore
- Remeasurement gain/(loss) on defined benefit plan (net of tax): ₹0.28 crore
Total comprehensive income: ₹39.80 crore
Capital Structure:
Paid-up Equity Share Capital: ₹12.10 crore (Face Value ₹2 each)
Convertible preference shares: Not specified in results table
Segment-wise Performance:
The company has only one reportable business segment: paper and paperboard including newsprint. No separate segment information disclosed.
Corporate Actions:
1. Redemption of 7,50,000 unlisted Series II Tranche IV Optionally Convertible Redeemable Preference Shares (ISIN: INE830C04053)
- Face value: ₹100 each
- Redemption premium: ₹500 each
- Due date: 31st July, 2026
- Aggregate redemption amount: ₹45,00,00,000 (₹45 crore)
2. Redemption of 11,25,000 unlisted Series III Optionally Convertible Redeemable Preference Shares (ISIN: INE830C04061)
- Face value: ₹100 each
- Redemption premium: ₹600 each
- Due date: 16th September, 2026
- Aggregate redemption amount: ₹78,75,00,000 (₹78.75 crore)
Other Significant Information:
- Exceptional Item Note: The ₹1.25 crore impact from New Labour Codes was accounted for in previous financial year, not current quarter
- Company will continue to monitor developments relating to New Labour Codes and give appropriate accounting effect as necessary
- Corresponding figures of previous period have been regrouped/rearranged wherever necessary