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West Coast Paper Mills LimitedUpdates, 13-02-2025: Press Release

13-02-2025 | 03:16 pm

West Coast Paper Mills Limited reported its unaudited financial results for the quarter ending December 31, 2024.

**Financial Highlights:** Consolidated revenue decreased by 3% to ₹1,015.85 crore compared to the previous quarter, while standalone revenue rose by 3% to ₹629.14 crore. EBITDA fell significantly, down 23% to ₹151.96 crore for consolidated figures and down 24% to ₹108.86 crore on a standalone basis. Profit after tax (PAT) also saw declines, with consolidated PAT at ₹67.41 crore (-33%) and standalone PAT at ₹58.22 crore (-37%). This led to a drop in PAT margins to 7% for consolidated and 9% for standalone operations.

**Strategic Initiatives and Growth Drivers:** The company acknowledged the impact of rising wood prices and a sluggish market, influenced by lower-cost imports. Despite these challenges, it continues to focus on improving operational efficiencies.

**Investor Implications:** The results may raise concerns about profitability amid rising costs and increased competition. Investors should monitor the company’s efforts to enhance efficiency and adapt to market conditions for potential recovery and growth.

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