JK Paper Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors, in its meeting held on February 5, 2026, approved these results on both standalone and consolidated bases. For the quarter, standalone net profit after tax stood at ₹72.67 crore, a decrease from ₹55.55 crore in the previous quarter and ₹61.15 crore in the same quarter last year. Consolidated net profit after tax was ₹27.53 crore for the quarter, down from ₹74.98 crore in the previous quarter and ₹65.29 crore in the same quarter last year. The company cited several reasons for the adverse impact on performance. These include a planned annual shutdown at two major plants in Odisha and Gujarat, leading to lower production. Additionally, continued imports at cheaper rates resulted in lower sales realization, and a sharp depreciation of the rupee against the Euro impacted finance costs. The company also reported on corporate actions. The Composite Scheme of Arrangement, approved by the Board on December 13, 2024, received approval from the National Company Law Tribunal (NCLT), Ahmedabad, on February 3, 2026. The effectiveness of the scheme is pending the filing of the certified copy of the NCLT's order. Furthermore, the company has acquired a majority stake in Borkar Packaging Private Limited (BPPL), making it a subsidiary from October 28, 2025, with shareholding increased to 71.96% by December 2025. The company also disclosed an exceptional item of ₹11.85 crore related to the incremental impact of the New Labour Codes.
