JK Paper Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- JK Paper Ltd reported a 3.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 6.1%.
- Its expenses for the quarter were up by 0.1% QoQ and 4.9% YoY.
- The net profit decreased 49.3% QoQ and decreased 72.4% YoY.
- The earnings per share (EPS) of JK Paper Ltd stood at 3.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1654.25 | 1714.88 | 1762.32 | -3.5% | -6.1% |
Total Expenses | 1571.12 | 1569.63 | 1497.55 | 0.1% | 4.9% |
Profit Before Tax | 83.13 | 145.25 | 264.77 | -42.8% | -68.6% |
Tax | 17.84 | 16.40 | 28.41 | 8.8% | -37.2% |
Profit After Tax | 65.29 | 128.85 | 236.34 | -49.3% | -72.4% |
Earnings Per Share | 3.90 | 7.30 | 13.90 | -46.6% | -71.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
JK Paper Ltd is a prominent player in the paper industry, primarily engaged in the manufacturing and marketing of a range of paper products. The company offers various types of paper, including copier paper, writing and printing paper, and packaging boards, catering to diverse market segments. With a significant presence in India, JK Paper has established itself as a leader, known for its quality products and strong distribution network. Recently, the company has been focusing on enhancing its production capacity and operational efficiency. However, specific recent developments or strategic initiatives are not available for review at this time.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), JK Paper Ltd reported a total income of ₹1654.25 crores. This represents a decrease of 3.5% from the previous quarter (Q2FY25), where the total income was ₹1714.88 crores. When compared to the same quarter in the previous fiscal year (Q3FY24), which recorded a total income of ₹1762.32 crores, there is a year-over-year decline of 6.1%. These changes highlight a downward trend in revenue, both on a quarterly and annual basis.
Profitability
For the quarter ending in Q3FY25, JK Paper Ltd's profit before tax was ₹83.13 crores, marking a significant decrease of 42.8% from the previous quarter's ₹145.25 crores. Compared to the same quarter in the prior year, where the profit before tax stood at ₹264.77 crores, there is a notable year-over-year decline of 68.6%. The profit after tax for Q3FY25 was ₹65.29 crores, showing a decrease of 49.3% from Q2FY25's ₹128.85 crores, and a year-over-year decline of 72.4% from ₹236.34 crores in Q3FY24. Earnings per share for Q3FY25 were ₹3.90, down from ₹7.30 in Q2FY25 and ₹13.90 in Q3FY24, reflecting declines of 46.6% and 71.9%, respectively.
Operating Metrics
The total expenses for JK Paper Ltd in Q3FY25 were ₹1571.12 crores, which is slightly higher by 0.1% compared to the previous quarter’s expenses of ₹1569.63 crores. When compared to the same quarter in the previous fiscal year, which had total expenses of ₹1497.55 crores, there is a year-over-year increase of 4.9%. The tax expense for Q3FY25 was ₹17.84 crores, showing an increase of 8.8% from Q2FY25's ₹16.40 crores, but a decline of 37.2% compared to the tax expense of ₹28.41 crores in Q3FY24. These metrics indicate a rise in operating costs both quarterly and annually, with tax expenses fluctuating in the same period.
