JK Paper has reported results for first quarter ended June 30, 2013.
The company has tumbled 90.24% in its net profit at Rs 1.38 crore for the quarter as compared to Rs 14.14 crore for the same quarter in the previous year. Total income from operation of the company has increased marginally by 3.24% at Rs 356.30 crore for quarter under review as compared to Rs 345.13 crore for the quarter ended June 30, 2012.
JK Paper is India’s largest producer of branded paper and is a leading player in the printing and writing segment. It is also engaged in outsourcing activity wherein it contracts the capacities of other mills in India and abroad to manufacture various grades of paper, maintaining the same quality and service assurance.