JK Paper Sees Profit Dip, Eyes Growth

  Published 11 months ago

JK Paper's Q1 FY26 profit fell, but strategic BPPL acquisition and NCD issuance aim to fuel future growth.

  • Revenue and profit declined YoY due to high costs, cheap imports, and lower sales realization in the core paper segment.
  • BPPL acquisition boosts JK Paper’s position in folding cartons and corrugated packaging with seven plants across India.
  • Board approves Rs 500 crore NCDs to fund capex, working capital, and other corporate requirements.

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