JK Paper Reports 57.84% Drop In Q2 Net Profit To Rs 128.85 Crore

JK Paper Ltd on Monday reported a 57.84% decline in consolidated net profit to Rs 128.85 crore in the second quarter ended Sept. 30, 2024, impacted by higher expenses.

The company had posted a consolidated net profit of Rs 305.68 crore in the same quarter last fiscal, JK Paper Ltd said in a regulatory filing.

Consolidated total income in the second quarter stood at Rs 1,714.88 crore as against Rs 1,708.81 crore in the year-ago period, it added.

Total expenses were higher at Rs 1,569.63 crore as against Rs 1,368.23 crore in the same period a year ago, the company said.

Consolidated total income in the second quarter stood at Rs 1,714.88 crore as against Rs 1,708.81 crore in the year-ago period, it added.