West Coast Paper Mills Recommends Rs. 3 Dividend as FY26 Profit Declines

West Coast Paper Mills Ltd. reported a standalone net profit of Rs. 153.53 crore for the financial year ended March 31, 2026, down from Rs. 284.71 crore in the previous year, while revenue from operations stood at Rs. 2,498.49 crore compared with Rs. 2,511.35 crore in FY25. The company’s board approved the audited financial results at its meeting held on May 27, 2026.

The board recommended a dividend of Rs. 3 per equity share of Rs. 2 each, representing 150%, on 6.60 crore equity shares, subject to shareholder approval at the upcoming annual general meeting.

On a standalone basis, profit before tax declined to Rs. 228.02 crore in FY26 from Rs. 366.82 crore a year earlier. Fourth-quarter revenue increased to Rs. 707.33 crore from Rs. 631.04 crore in the corresponding quarter of FY25, while quarterly net profit rose to Rs. 48.86 crore from Rs. 41.39 crore.

The paper and paperboard segment remained the company’s largest business, generating revenue of Rs. 2,235.85 crore during FY26, while the telecommunication cables segment contributed Rs. 262.57 crore.

On a consolidated basis, which includes subsidiaries, revenue from operations increased to Rs. 4,278.79 crore in FY26 from Rs. 4,062.29 crore in FY25. Consolidated net profit attributable to shareholders stood at Rs. 150.60 crore, compared with Rs. 311.15 crore in the previous year.

The company reported standalone operating cash inflow of Rs. 297.76 crore during FY26, compared with Rs. 156.52 crore in the previous year. Total standalone assets were Rs. 3,433.17 crore as of March 31, 2026.

West Coast Paper Mills said its statutory auditor, Singhi & Co., issued an unmodified opinion on both the standalone and consolidated financial statements for FY26.