JK Paper reports Q2 turnover of Rs 1,777cr amidst rising costs and market pressures

JK Paper reports Q2 turnover of Rs 1,777cr amidst rising costs and market pressures

JK Paper Limited reported its financial results for the quarter ended September 30, 2024, showcasing a solid turnover of Rs. 1,777 crore on a consolidated basis. However, the company grappled with profitability due to elevated wood costs and increased competition from lower-priced imports. Despite these challenges, JK Paper’s EBITDA stood at Rs. 295 crore, while […]

JK Paper broadens reach in Indian packaging market with MUPSPL buyout

JK Paper broadens reach in Indian packaging market with MUPSPL buyout

Leading the way in India’s paper and packaging industry, JK Paper has announced its acquisition of 100% shares of Manipal Utility Packaging Solutions Private Limited (MUPSPL). The deal solidifies JK Paper’s foothold in the thriving Indian packaging market, which has been propelled by surges in end-use sectors like Food & Beverage and FMCG. An Overview […]