JK Paper Ltd. announced its unaudited financial results for the quarter and nine months ended December 31, 2025. For the third quarter of FY26, the company recorded a consolidated turnover of ₹1,877.62 crore, EBITDA of ₹195.87 crore, and Profit After Tax (PAT) of ₹27.40 crore. For the nine-month period ended December 2025, the consolidated turnover stood at ₹5,532.84 crore, EBITDA at ₹711.73 crore, and PAT at ₹183.37 crore. The company's performance was impacted by planned annual shutdowns at its Odisha and Gujarat plants, lower sales realization due to continued low-priced imports, and increased finance costs from rupee depreciation against the Euro. However, an improvement is anticipated in the upcoming quarter due to better demand and reduced input costs. The Board of Directors approved a ₹500 crore Hybrid Power Project aimed at reducing power costs and increasing sustainable green power output, aligning with the company's goal to decrease fossil fuel dependence. Additionally, the Composite Scheme of Arrangement received approval from the National Company Law Tribunal (NCLT), Ahmedabad, on February 3, 2026. This scheme will consolidate paper and packaging businesses, streamline the corporate structure, and enhance operational efficiencies. The company also disclosed the incremental impact of the New Labour Code, effective November 21, 2025, under Exceptional Item in the current quarter's results. JK Paper's social farm forestry initiatives have planted 9.50 crore saplings covering 70,021 acres. India Ratings and Research reaffirmed the company's ratings as "IND AA/Stable, IND A1+". JK Paper also continued its CSR activities, benefiting over 11.8 lakh individuals across 870+ villages.
