ALPHA TRIBE

Seshasayee Paper and Boards LimitedOthers, 15-06-2025: Shareholders meeting

15-06-2025 | 02:16 pm

Seshasayee Paper and Boards Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a record annual production of 2.46 lakh tonnes and strong export performance despite pressure from cheaper imports, high wood costs, and falling paper prices. Profit after tax fell to Rs 105 Cr from Rs 259 Cr due to lower realizations and higher raw material expenses. The Board approved a final dividend of Rs 2.50 per share and re-appointed key directors. Growth plans include expanding capacity to 4 lakh tonnes with a Rs 750-800 Cr investment and boosting renewable energy use to over 65%. Legal and import-related challenges remain key risks.

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