Impact of Plant Shutdowns and Imports on JK Paper's Profits

JK Paper Ltd's net profit for Q3 2025 fell to Rs 27.53 crore from Rs 65.29 crore last year, affected by plant shutdowns and rising expenses. The financial impact was compounded by cheaper imports and rupee depreciation. The company's recent acquisitions also influenced results.

JK Paper Ltd announced a significant drop in its consolidated net profit for the third quarter ending December 31, 2025, citing impacts from annual shutdowns of two major plants alongside increased expenses.

The profit plummeted to Rs 27.53 crore from Rs 65.29 crore in the same quarter the previous fiscal year. Total income rose to Rs 1,781.65 crore from Rs 1,654.25 crore a year ago, yet expenses surged to Rs 1,730.28 crore.

The company attributed the decline in performance to planned shutdowns at its Odisha and Gujarat plants, cheaper imports leading to reduced sales realization, and the rupee's depreciation against the Euro, which increased finance costs.

(With inputs from agencies.)