JK Paper Reports Strong Growth in Q2 and H1 FY27; Consolidated Revenue Rises 13% and Net Profit Grows 36% in Q2

JK Paper Limited, one of India's leading integrated paper and packaging companies, today announced its unaudited financial results for the quarter and half year ended September 30, 2026, reporting a strong improvement in consolidated revenue and profitability.

The Company's performance during the quarter was supported by an improved product mix, contributing to better operating performance.

Strong Consolidated Financial Performance

For the second quarter of FY27, consolidated revenue from operations stood at Rs. 1,939.04 crore, registering a growth of approximately 12% over Rs. 1,732.09 crore in the corresponding quarter of the previous year.

Consolidated EBITDA stood at Rs. 300.86 crore during the quarter. Profit before tax was Rs. 143.72 crore, while consolidated profit after tax increased to Rs. 102.10 crore, compared with Rs. 75.32 crore in Q2 FY26, registering a growth of approximately 36%.

Consolidated earnings per share (EPS) for the quarter stood at Rs. 5.59.

Healthy Performance During H1 FY27

For the six months ended September 30, 2026, consolidated revenue from operations reached Rs. 3,826.21 crore, compared with Rs. 3,393.13 crore in the corresponding period last year.

Consolidated EBITDA for H1 FY27 stood at Rs. 627.76 crore, while profit before tax was Rs. 326.00 crore.

Consolidated profit after tax increased to Rs. 237.76 crore, compared with Rs. 159.00 crore in H1 FY26, reflecting a growth of approximately 50%. Earnings per share for the half year stood at Rs. 12.77.

Improved Product Mix Supports Performance

The Company attributed the improvement in performance to a better product mix. The Paper and Packaging Products business continued to be the principal contributor to the Group's operations.

During Q2 FY27, the Paper and Packaging segment recorded revenue of Rs. 1,893.42 crore, while its segment results (PBIT, excluding exceptional items) stood at Rs. 176.04 crore.

Radheshyam Wellpack Becomes a Wholly Owned Subsidiary

During the quarter, JK Paper Limited acquired the remaining 20% stake in Radheshyam Wellpack Private Limited (RWPL), pursuant to the Share Purchase and Shareholders' Agreement.

Following the acquisition, RWPL has become a wholly owned subsidiary of JK Paper Limited, further strengthening the Company's presence in the packaging business.

Financial Results Reviewed by Auditors

The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, were approved by the Board of Directors at its meeting held on November 2, 2026. The results have been subjected to a limited review by the Company's statutory auditors, Lodha & Co. LLP.

The comparative financial information for the corresponding previous-year periods has been restated pursuant to the Composite Scheme of Arrangement becoming effective.