N R Agarwal Industries Swings to Strong FY26 Profitability Amid Revenue Surge and Capacity Expansion

N R Agarwal Industries Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, following the meeting of its Board of Directors held on May 12, 2026.

The Company reported revenue from operations of ₹21.5 billion for FY2025-26 compared with ₹16.6 billion in the previous year, reflecting strong growth in its paper and paperboard business. Net profit after tax for the year stood at ₹0.44 billion, compared with ₹0.18 billion in FY2024-25.

For the quarter ended March 31, 2026, revenue from operations was ₹6.1 billion, while quarterly net profit after tax stood at ₹0.14 billion, compared with a loss in the corresponding quarter of the previous year.

The Board of Directors recommended a final dividend of ₹2 per equity share of face value ₹10 each for FY2025-26, subject to shareholders’ approval at the ensuing Annual General Meeting.

The Company’s statutory auditors, GMJ & Co., Chartered Accountants, issued an unmodified audit opinion on the audited financial results for the year ended March 31, 2026.

During the year, the Company continued investments in capacity enhancement and operational infrastructure, with capital work-in-progress increasing significantly as part of its long-term growth initiatives.

The Company stated that paper and paperboards continue to constitute its single operating segment under Ind AS 108.

The Board also approved the re-appointment of Shri P K Mundra as Whole-time Director designated as Executive Director & CFO for a further period of three years effective August 3, 2026, subject to shareholders’ approval. In addition, Shri Raunak Agarwal and Shri Rohan Agarwal were redesignated as Deputy Managing Directors with effect from May 12, 2026.

N R Agarwal Industries Limited manufactures recycled paper products and paperboards and continues to focus on operational efficiency, sustainable manufacturing, and long-term value creation.