India's JK Paper falls as profit declines for eighth straight quarter

JK Paper

04/11/2025 05:09

** Shares of JK Paper JKPA.NS fall 3.5% to 384.5 rupees, marking their biggest intraday percentage loss since August 26

        ** Paper and packaging board maker said on Monday profit fell for eighth straight quarter, as rising costs of wood pressured margins

** Q2 consol net PAT declined 41.8% y/y; net rev from ops rose 3.9%

** BOB Caps says EBITDA miss on weak realisation, due to persistent cheap import pressure and higher wood costs

** Stock down 7.3% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))