India's JK Paper reports decline in first-quarter profit on higher costs
28/07/2025 13:25
July 28 (Reuters) - Indian paper and packaging board maker JK Paper JKPA.NS reported its eighth consecutive quarter of profit decline on Monday, as low-priced imports hit sales and higher wood costs drove up expenses. The company's consolidated net profit fell year-on-year to 812.3 million rupees ($9.4 million) for the quarter ended June 30, from 1.4 billion rupees a year ago. ($1 = 86.6830 Indian rupees) (Reporting by Ananta Agarwal in Bengaluru; Editing by Mrigank Dhaniwala) ((Ananta.agarwal@thomsonreuters.com;))
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