Incorporated in 1980, Satia Industries Limited (SIL) is one of India’s largest Wood and Agro-based paper manufacturers using wood and Agro-based Raw Materials such as Wood Chips, Veneer Waste, Wheat Straw and Sarkanda to produce quality writing and printing paper.
Satia Industries reported a Q1 net loss of 17.12 Cr, primarily due to a one-time non-cash deferred tax charge of 39.33 Cr from transitioning to a new tax regime. The company also commenced a 5-month shutdown of Paper Machine 3 for modernization, aiming for higher speed and improved capacity.
Satia Industries reported Q1 FY27 revenue of ₹361.8 Cr (-2% YoY) and EBITDA of ₹50.8 Cr. A net loss of ₹17.1 Cr resulted from a one-time non-cash tax charge, not operational performance. PM3 is undergoing modernization for capacity and efficiency gains, impacting volumes.
Satia Industries, a leading paper manufacturer, reported Q1FY27 revenue from operations at INR 361.8 crore, a 2% YoY decline. The company posted a net loss of INR 17.1 crore, leading to an EPS of INR -1.71. The quarter saw a favorable pricing environment driven by reduced imports and steady demand,...