JK Paper Ltd News

JK Paper share price tanks 11% on posting 72% decline in Q3 net profit

JK Paper reported a 72 per cent decrease in consolidated net profit of Rs 65.39 crore as compared to a profit of Rs 235.11 crore a year ago

JK Paper Q3 results: Net profit falls 73% to Rs 65.39 cr on soaring costs

The paper and packaging board maker's consolidated net profit tumbled 73 per cent year-on-year to Rs 65.39 crore ($7.6 million) for the quarter ended Dec 31

JK Paper slips 7% as Q2 profit falls 58% to Rs 129 crore, expenses up 15%

JK Paper logged consolidated total income in the second quarter stood at Rs 1,714.88 crore as compared to Rs 1,708.81 crore in the year-ago period

JK Paper Q2 results: Net down 57.84% at Rs 128.85 cr on higher expenses

JK Paper Ltd on Monday reported a 57.84 per cent decline in consolidated net profit to Rs 128.85 crore in the second quarter ended September 30, 2024, impacted by higher expenses. The company had posted a consolidated net profit of Rs 305.68 crore in the same quarter last fiscal, JK Paper Ltd said in a regulatory filing. Consolidated total income in the second quarter stood at Rs 1,714.88 crore as against Rs 1,708.81 crore in the year-ago period, it added. Total expenses were higher at Rs 1,569.63 crore as against Rs 1,368.23 crore in the same period a year ago, the company said.

These are top two stocks recommended by Rajesh Bhosale of Angel One

Since the March swing lows, prices of JK Paper saw a strong rally, doubling from Rs 320 to Rs 640. However, over the last couple of months, prices entered a correction phase

JK Paper, West Coast Paper Mills: Paper stocks crisp in trade on Friday

Indian Paper Manufacturer Association has requested for imposition of anti-dumping duty on the imports from China and Chile