JK Paper Q2 Net Profit Falls 40% on High Wood Pulp Costs and Low Sales Realisation

JK Paper reported a significant 39.6% decline in consolidated net profit to ₹77.8 crore for Q2 FY'26, ending September 30, 2025. The drop stems from elevated wood pulp prices and lower sales realisation attributed to continued cheap imports. Despite this, revenue from operations rose by 4% to ₹1,768.18 crore compared to ₹1,714.88 crore in the same quarter last year. The company’s total expenses increased 6.2% to ₹1,666.98 crore. JK Paper, known for its branded copier paper, coated paper, and packaging boards, faces pressure on margins amid fluctuating raw material costs and competitive pricing. Shares closed nearly flat at ₹397.65 on the BSE. The market environment remains challenging with input cost volatility impacting profitability for the paper sector.