The company reported total revenue of Rs.4720.77 Crore for the year ended 31st March, 2026 as against Rs.4588.31 Crore in the previous year. The company earned Profit before Interest, Depreciation and Tax (EBITDA) of Rs.556.66 Crore for the year ended 31st March, 2026 as against Rs.525.17 Crore in the previous year. After providing Rs.312.90 Crore towards depreciation & amortization and Rs.193.16 Crore for finance cost, the company earned profit before tax of Rs.50.60 Crore as against a profit of Rs.5.30 Crore in the previous year. Profit after tax is Rs.247.75 Crore as against a profit of Rs.3.73 Crore in the previous year.
The company reported total revenue of Rs.1291.77 Crore for the quarter ended 31st March, 2026 as against Rs.1393.79 Crore in the corresponding quarter of the previous year. The company earned Profit before Interest, Depreciation and Tax (EBITDA) of Rs.160.81 Crore for the quarter ended 31st March, 2026 as against Rs.160.12 Crore in the previous year. After providing Rs.78.17 Crore towards depreciation & amortization and Rs.44.94 Crore for finance cost, the company earned profit before tax (PBT) of Rs.37.70 Crore for the quarter ended 31st March, 2026 as against a profit of Rs.30.83 Crore in the previous year. Profit after tax (PAT) is Rs.240.30 Crore as against a profit of Rs.22.12 Crore in the previous year.
PAT for the quarter / year ended 31.03.2026 includes reversal of deferred tax liability (net) Rs.219.43 Crore due to opting New Tax Regime as per the amendment in the Income Tax Act, 2025 vide The Finance Act, 2026.
The Paper & Board market remained volatile throughout the year with challenging market conditions due to various factors including cheaper imports from ASEAN countries impacting sales realisation and profitability. The company is continuously focusing on increasing the market share of higher realization products and on new premium products as a measure to further improve the profitability.
The recent geo-political developments are being closely monitored and mitigation measures being taken by the Company on a continuous basis.
Paper production for the year ended 31st March, 2026 is 434294 MT against 425166 MT in the previous year and Board production is 200075 MT against 189406 MT in the previous year. Paper sales for the year ended 31st March, 2026 is 447844 MT against 432055 MT in the previous year and Board sales for the year ended 31st March, 2026 is 198849 MT against 183515 MT in the previous year. The Company achieved highest ever production and sale of Paper and Board since inception. Board Unit achieved turnaround in the profitability during the year ended 31st March, 2026.
Paper production for the quarter ended 31st March, 2026 is 108314 MT against 109690 MT in the previous year and Packaging Board production is 52948 MT against 52268 MT in the previous year.
The Board of Directors has recommended a dividend of Rs.4.00 per share on the face value of Rs.10/- (40%) for the financial year 2025-26. The dividend is subject to the approval of the shareholder in the 46th Annual General Meeting.

