JK Paper Limited — Updates, 28-07-2025: Press Release

JK Paper's Board has approved acquiring a majority stake in Borkar Packaging Private Limited, a packaging products manufacturer with FY24 revenue of Rs.393.20 Cr. This strategic move aims to strengthen JKPL's leadership in corrugated packaging and position it among the top three in folding cartons. For the quarter, the company reported consolidated turnover of Rs.1,784.88 Cr and Profit After Tax of Rs.81.23 Cr, marking a 7% sequential increase. Despite headwinds from cheap imports and high domestic wood prices, JKPL improved its profits.