JK Paper Q1FY24 Results: Consolidated PAT of Rs. 308.67 Cr

JK Paper Q1FY24 Results Consolidated PAT of Rs. 308.67 Cr

JK Paper Q1 results show revenue fell from 1760.45 crores to 1639.20 crores, a -6.89% decrease in growth. EPS rise from ₹16.54 to ₹18.22, up by 10.16%.

First, Let’s Begin with Quarter-on-Quarter Basis:

JK Paper shared its Q1 results on Monday. They earned 1639.20 crores in revenue this quarter, but that’s less than the 1760.45 crores they made last quarter. Unfortunately, the company’s growth decreased by -6.89 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 308.67 crores, up from 280.26 crores in the previous quarter. Their quarter-to-quarter growth increased by 10.14 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹18.22, which is an increase of 10.16% from the ₹16.54 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 1639.20 crores this year (2023), which is 11.88 percent higher than last year’s total revenue of 1465.19 crores.

This year’s PAT (Profit After Tax) is 308.67 crores, which is also 17.82% higher than last year’s PAT of 261.98 crores.

The EPS (Earnings Per Share) for this year is ₹18.22, which is 17.85% more than the EPS of ₹15.46 earned last year.

Also Read: Relaxo Footwears Q1FY24 Results: Consolidated PAT of Rs. 56.32 Cr

JK Paper Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About JK Paper:

JK Paper Ltd. is a company involved in the manufacturing and distribution of various paper products. Their product range includes copier paper, color cards, cover papers, plain paper, white and color poster paper, as well as other paper-related products.

Download the Full PDF of JK Paper Q1 Results: Click Here

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