N R Agarwal Industries Reports Higher Revenue and Profit in Q1 FY27 on Strong Operating Performance

N R Agarwal Industries Ltd. reported higher revenue and profitability for the quarter ended June 30, 2026, driven by growth in operations despite higher input and operating costs. The company's Board of Directors approved the unaudited financial results for the first quarter of FY2026-27 at its meeting held on August 5, 2026.

Revenue from operations increased to ₹646.96 crore, compared with ₹452.14 crore in the corresponding quarter of the previous year. Total income rose to ₹652.73 crore from ₹477.83 crore during the same period.

Profit before tax (PBT) increased to ₹45.76 crore, up from ₹9.82 crore in the year-ago quarter. After accounting for a tax expense of ₹10.79 crore, the company reported a net profit of ₹34.98 crore, compared with ₹16.55 crore in the quarter ended June 30, 2025. Total comprehensive income for the quarter stood at ₹35.09 crore, against ₹16.63 crore a year earlier.

Basic and diluted earnings per share (EPS) improved to ₹20.55, compared with ₹9.72 in the corresponding quarter last year.

During the quarter, the company's total expenses increased to ₹606.97 crore from ₹468.01 crore in the year-ago period. The cost of materials consumed rose to ₹426.15 crore, while employee benefits expenses increased to ₹34.01 crore. Power, fuel and water expenses stood at ₹75.10 crore, depreciation and amortisation expenses were ₹17.85 crore, finance costs amounted to ₹16.44 crore, and other expenses totaled ₹40.16 crore.

The company stated that it operates in a single business segment comprising the manufacture and sale of paper and paperboard, in accordance with Indian Accounting Standard (Ind AS) 108 on operating segments.

The Board approved the unaudited financial results following a review by the Audit Committee. Statutory auditor GMJ & Co. issued an unmodified limited review report, stating that nothing had come to its attention to indicate that the financial results were not prepared in accordance with applicable accounting standards or that they contained any material misstatement.