JK Paper Ltd.’s Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2025 (Q3 2026). The consolidated revenue from operations (net) stood at ₹1,748.53 Crore for the quarter and ₹5,185.69 Crore for the nine-month period. Net profit after taxes attributable to the owners of the parent was reported at ₹27.40 Crore for the quarter and ₹183.37 Crore for the nine-month period.
Financial Performance Highlights
The Board of Directors of JK Paper Ltd. have reviewed and approved the unaudited financial results for Q3 2026, which ended on December 31, 2025. Key financial figures from the consolidated results include:
- Revenue from Operations (Net) for the quarter: ₹1,748.53 Crore
- Revenue from Operations (Net) for the nine months: ₹5,185.69 Crore
- Net Profit after Taxes attributable to owners of the parent for the quarter: ₹27.40 Crore
- Net Profit after Taxes attributable to owners of the parent for the nine months: ₹183.37 Crore
Key Influencing Factors
The company notes that the performance has been impacted by the following:
- Planned annual shutdowns at the Odisha and Gujarat plants, resulting in lower production.
- Continued cheaper imports impacting sales realization.
- Rupee depreciation against the Euro, affecting finance costs.
Subsidiary Updates
Borkar Packaging Private Limited (BPPL) became a subsidiary on October 28, 2025, with JK Paper initially acquiring 65.65% of its equity shares. This shareholding later increased to 71.96% during Q3 2026. The financials also reflect the impact of this business combination.
Scheme of Arrangement Approved
A Composite Scheme of Arrangement involving JK Paper and several of its subsidiaries has been approved by the Hon’ble National Company Law Tribunal (NCLT) with the order dated February 3, 2026. The effectiveness of this scheme is pending the filing of the certified NCLT order.
Standalone Financial Performance
Key figures from the standalone results include:
- Revenue from Operations (Net) for the quarter: ₹1,343.26 Crore
- Revenue from Operations (Net) for the nine months: ₹4,124.14 Crore
- Net Profit After Tax for the quarter: ₹12.67 Crore
- Net Profit After Tax for the nine months: ₹141.78 Crore
Source: BSE
