Audited Financial Results for the quarter and financial year ended 31st March 2026
JKPAPER · price
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JK Paper Ltd reported audited financial results for Q4 and FY2025-26 with a clean (unmodified) auditor opinion. The company recommended a dividend of Rs. 4 per share (400%) amounting to Rs. 72.53 crore for FY2026. An exceptional item of Rs. 13.60 crore (standalone) and Rs. 16.30 crore (consolidated) was recorded due to incremental retiral obligations from new labour codes effective November 2025. A Composite Scheme of Arrangement was sanctioned by NCLT effective 15th March 2026, resulting in The Sirpur Paper Mills Ltd becoming a wholly-owned subsidiary and issuance of 1.19 crore new equity shares. Prior period figures have been restated to reflect this scheme. The BCTMP plant is expected to commence commercial production in Q1 FY2026-27. The sharp depreciation of Indian Rupee against Euro adversely impacted net profit for the year.
The clean audit opinion and dividend declaration are positive signals for shareholders. However, the exceptional labour code item and currency headwinds reduced profitability. The scheme restatement may affect comparability with previous period results.