JK Paper Q2 Net Profit Down 57.84% to Rs 128.85 Cr
JK Paper Ltd reported a 57.84% decline in Q2 net profit to Rs 128.85 crore due to higher expenses. Consolidated revenue remained stable at Rs 1,714.88 crore.
New Delhi, Nov 4 (PTI) JK Paper Ltd on Monday reported a 57.84 per cent decline in consolidated net profit to Rs 128.85 crore in the second quarter ended September 30, 2024, impacted by higher expenses.
The company had posted a consolidated net profit of Rs 305.68 crore in the same quarter last fiscal, JK Paper Ltd said in a regulatory filing.
Consolidated total income in the second quarter stood at Rs 1,714.88 crore as against Rs 1,708.81 crore in the year-ago period, it added.
Total expenses were higher at Rs 1,569.63 crore as against Rs 1,368.23 crore in the same period a year ago, the company said.
The company had posted a consolidated net profit of Rs 305.68 crore in the same quarter last fiscal, JK Paper Ltd said in a regulatory filing.
Consolidated total income in the second quarter stood at Rs 1,714.88 crore as against Rs 1,708.81 crore in the year-ago period, it added.
Total expenses were higher at Rs 1,569.63 crore as against Rs 1,368.23 crore in the same period a year ago, the company said.
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