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JK Paper reports 2- fold jump in Q3 consolidated net profit

07 Feb 2023 Evaluate

JK Paper has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a rise of 74.46% in its net profit at Rs 226.56 crore for the quarter under review as compared to Rs 129.86 crore for the same quarter in the previous year. Total income of the company increased 57.95% at Rs 1645.57 crore for Q3FY23 as compared to Rs 1041.82 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2- fold jump in its net profit at Rs 333.54 crore for the quarter under review as compared to Rs 151.05 crore for the same quarter in the previous year. Total income of the company increased 60.17% at Rs 1692.06 crore for Q3FY23 as compared to Rs 1056.41 crore for the corresponding quarter previous year.

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