The paper manufacturer reported strong Q2 FY26 results, with profits and PBT soaring year-on-year despite muted sequential performance and market uncertainty.

• Net profit surged 213% YoY to Rs 8.10 crore, rebounding sharply from a Rs 7.41 crore loss in the prior quarter.
• Revenue rose 20.9% YoY to Rs 1,090.73 crore, though sequentially declined 3.4% amid subdued demand and GST-related uncertainty.
• Product upgradation, quality focus, and higher-margin offerings boosted profitability; paper and packaging board output increased slightly YoY.