The company posted a net profit of ₹90.2 crore for the January-March quarter, compared with ₹66.1 crore a year earlier, according to the exchange filing.
Revenue from operations rose 17.2% to ₹1,966 crore from ₹1,677 crore in the corresponding quarter last year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 27.1% year-on-year to ₹277 crore, while EBITDA margin improved to 14.1% from 13% a year ago.
The board has recommended a final dividend of ₹4 per equity share of face value ₹10 each for the financial year ended March 31, 2026. The dividend, if approved by shareholders at the upcoming annual general meeting, will be paid within 30 days of the AGM, subject to applicable tax deductions, stated the filing.
JK Paper also said the implementation of the government’s four new labour codes from November 21, 2025 resulted in an assessed incremental impact of ₹16.3 crore towards retiral obligations during FY26. The amount has been disclosed as an exceptional item.
Separately, the company said commissioning of its Hardwood Bleach Chemical Thermo-Mechanical Pulp (BCTMP) plant is at an advanced stage, with commercial production expected to commence in the first quarter of FY27.
Shares of JK Paper Ltd ended lower on Monday, May 18, by 2.37% at 372.60 on the NSE.
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