Tamil Nadu Newsprint & Papers Limited has informed the Exchange regarding Change in Auditors of the company.
TNPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TNPL reported a loss after tax of Rs 7.41 crore in Q1 FY26, swinging from a profit of Rs 21.91 crore in the same quarter last year, as falling paper prices and higher raw material costs hurt margins. Total income rose modestly to Rs 1,154.55 crore from Rs 1,129.85 crore, while EBITDA fell to Rs 113.92 crore from Rs 161.10 crore. The board approved a final dividend of Rs 3 per share (80% on face value of Rs 10) for FY25, to be paid on or after September 18, 2025. The 45th AGM was rescheduled to September 18, 2025 via video conferencing. Dr. N. Sundaradevan (IAS Retd.) was re-appointed as Independent Director for a second term, Yogesh Gupta joined as Executive Director (Marketing – Paper & Board) from July 7, 2025, and new secretarial and cost auditors were appointed for FY26.
The swing to a quarterly loss on weaker paper realisations is a negative for sentiment, but the Rs 3 dividend provides some income support. The market will look for margin recovery in coming quarters as management shifts focus to premium products.