JK Paper consolidated net profit declines 17.44% in the March 2020 quarter

Sales decline 8.83% to Rs 735.86 crore

Net profit of JK Paper declined 17.44% to Rs 92.69 crore in the quarter ended March 2020 as against Rs 112.27 crore during the previous quarter ended March 2019. Sales declined 8.83% to Rs 735.86 crore in the quarter ended March 2020 as against Rs 807.16 crore during the previous quarter ended March 2019.

For the full year,net profit rose 11.24% to Rs 475.32 crore in the year ended March 2020 as against Rs 427.28 crore during the previous year ended March 2019. Sales declined 6.03% to Rs 3060.19 crore in the year ended March 2020 as against Rs 3256.71 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales735.86807.16 -9 3060.193256.71 -6 OPM %23.9827.04 -28.4726.66 - PBDT174.38204.07 -15 845.87793.72 7 PBT137.00177.15 -23 696.39666.04 5 NP92.69112.27 -17 475.32427.28 11

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