JK Paper Reports Q3 Net Profit Decline Amid Plant Shutdowns and Higher Costs

JK Paper Ltd reported a consolidated net profit of Rs 27.53 crore for the third quarter ended December 31, 2025, down from Rs 65.29 crore in the same period last year. The decline was attributed to planned annual shutdowns at two major plants in Odisha and Gujarat, higher expenses, lower sales realization due to cheaper imports, and increased finance costs from rupee depreciation against the Euro. Total income rose to Rs 1,781.65 crore, while expenses increased to Rs 1,730.28 crore. The results are affected by recent acquisitions, including Borkar Packaging Pvt Ltd.