JK Paper Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
JKPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JK Paper Limited reported audited standalone net profit of Rs. 320.41 crore for FY 2025-26, up from Rs. 294.62 crore in the previous year. Consolidated net profit stood at Rs. 364.48 crore. The company issued 1,19,16,427 new equity shares as part of a composite scheme of arrangement approved by NCLT, effective March 15, 2026, consolidating several subsidiaries including The Sirpur Paper Mills as a wholly-owned subsidiary. Prior period figures have been restated to reflect this scheme. An exceptional charge of Rs. 16.30 crore was recognized due to new labour code provisions. The Board recommended a dividend of Rs. 4 per share (40%). Foreign exchange losses due to rupee depreciation against the Euro impacted profitability. A new BCTMP plant is expected to begin commercial production in Q1 FY 2026-27. Auditors issued unmodified opinions on both standalone and consolidated results.
The clean audit opinion and dividend recommendation are positives. However, the rupee depreciation impact and exceptional labour code charges weighed on profitability. The scheme-related restatements make year-on-year comparisons complex, but the consolidation of subsidiaries strengthens the company's market position.