JK Paper Limited announced its unaudited consolidated financial results for the quarter ended 30th June 2026 (Q1 FY26-27).
Financial Performance
- Consolidated Turnover: ₹1,998.67 Crore, representing a 13% increase.
- EBITDA: ₹320.90 Crore, representing an 18% increase.
- Profit After Tax (PAT): ₹136.27 Crore, representing a 63% increase.
Management Commentary
Shri Harsh Pati Singhania commented that despite a challenging paper and board market, the company achieved better performance through higher volumes and an improved product mix compared to the corresponding period. The company's packaging conversion businesses performed well in both revenue and profit.
Strategic Developments
- Stake Acquisition: The company acquired an additional 15.40% stake in Borkar Packaging Private Limited during the quarter. This was done in line with a pre-existing Share Purchase Subscription and Shareholders Agreement.
- New Plant Commissioning: The company commenced production at its Hardwood Bleach Chemical Thermo-Mechanical Pulp (BCTMP) Plant at Unit CPM, Gujarat, effective from 30th June 2026.
Operational Highlights
- Social Farm Forestry: The company continued its focus on social farm forestry around all plant locations to ensure adequate raw material availability, contain costs, and improve green cover. During the quarter, 2.61 crore saplings were planted, covering 20,177 acres across the states of Odisha, Gujarat, Maharashtra, Telangana, and Andhra Pradesh.
- CSR Activities: For Q1 FY26-27, CSR activities covered 876 villages across 6 states and 1 Union Territory, with over 6 lakh direct beneficiaries. Key areas of intervention included Livelihood Promotion, Women Empowerment, Education & Skill Development, Environment & Natural Resource Management, Promotion of Art & Livelihood, Sports, and Inclusive Community Development.
Awards and Accolades (Q1 FY26-27)
Unit JKPM (Odisha):
- Odisha Leadership Awards 2026 from World HRD Congress and Employer Branding Awards.
- Greentech Energy Management Excellence Award 2026 (Gold Award) in the "Industrial Energy Management" category from Greentech Foundation.
- 12th Greentech CSR India Gold Award 2026 from Greentech Foundation.
- International Safety Award Merit 2026 from National Safety Council.
- Most Influential Quality Leaders 2026 from National Business Awards for Leadership & Excellence 2026.
- Green Enviro Environment Award 2026 from the 2nd Annual Green Enviro Environment Award & Summit 2026.
Unit CPM (Gujarat):
- One Platinum award (for BM5 FH Team) and Two Silver awards (for Pulp Mill Team & BM4 Team) at the 21st Edition of CII National Competition on Human Mistake Proofing (Poka Yoke).
Unit SPM:
- Gold Award in the Environmental Excellence category at the 2nd Green Enviro Environment Award 2026.
Company Profile
The document reiterates that JK Paper Ltd. is the market leader in Branded Copier Paper in India and a top producer of Coated Paper and Packaging Boards. The company focuses on value-added products and is a wood and carbon positive company.