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JK Paper reports 29% fall in Q3 consolidated net profit

08 Feb 2024 Evaluate

JK Paper has reported results for third quarter ended December 31, 2023 (Q3FY24).

The company has reported 9.83% fall in its net profit at Rs 204.30 crore for Q3FY24 as compared to Rs 226.56 crore for the same quarter in the previous year. Total income of the company decreased by 6.10% at Rs 1545.25 crore for Q3FY24 as compared Rs 1645.57 crore for corresponding quarter of the previous year. 

On consolidated basis, The company has reported 29.14% fall in net profit at Rs 236.36 crore for the third quarter ended December 31, 2023 as compared to Rs 333.54 crore for the same quarter in the previous year. However, total income of the company increased by 4.15% at Rs 1762.32 crore for Q3FY24 as compared Rs 1692.06 crore for corresponding quarter of the previous year.

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