EMAMIPAP

May 20 (Reuters) - Emami Paper Mills Ltd EMAP.NS:

• MARCH-QUARTER PAT 39.2 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 4.75 BILLION RUPEES

• DIVIDEND 8 RUPEES PER SHARE

Source text: ID:nnAPN2TY7VX

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May 19 (Reuters) - Indian paper and packaging board maker JK Paper JKPA.NS reported its seventh consecutive quarter of lower profits on Monday, as high prices of wood pressured its margins.

The company's consolidated net profit plummeted 72.4% from a year earlier to 762 million rupees ($8.9 million) for the quarter ended March 31.

Indian paper manufacturers are grappling with the dual pressures of escalating wood prices —a key raw material—and lower-priced imports over recent quarters.

The industry has appealed to the government to restrict low-quality imports and provide support amidst global tariff pressures, particularly from the United States.

"Profits have been significantly impacted due to surge in imports at low prices and high wood cost," Managing Director Harsh Pati Singhania said.

JK Paper's net revenue from operations declined by 1.7% to 16.90 billion rupees, while expenses increased by 10.4% to 16.09 billion rupees, primarily driven by raw material costs.

This resulted in its margins shrinking to 4.7% from 15.2%.

The New Delhi-based company declared a dividend of five rupees per share.

Smaller rival Andhra Paper ANDA.NS posted a near-80% drop in quarterly profit earlier this month, while West Coast Paper Mills WSTC.NS and Emami Paper Mills EMAP.NS are yet to report results.

($1 = 85.4230 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru; Editing by Tasim Zahid)

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BENGALURU, Nov 4 (Reuters) - India's JK Paper JKPA.NS reported a fall in profit for a fifth-straight quarter on Monday, hit by rising prices of wood - a key raw material used to manufacture paper and packaging materials.

The company said its consolidated net profit fell 57% to 1.29 billion rupees ($15.3 million) in the quarter ended Sept. 30.

JK Paper has been grappling with rising wood prices in the last few quarters that have bumped up input costs.

The industry has also struggled with lower selling prices of its products as demand remains subdued following a post-pandemic surge.

The company's expenses rose nearly 15% to 15.70 billion rupees, mainly due a 21% rise in input costs.

Its net revenue rose 2% to 16.83 billion rupees.

JK Paper, which supplies office paper, coated paper, writing and printing paper and packaging boards, has customers in more than 60 countries, according to its website.

Peer Emami Paper Mills EMAP.NS is set to report its quarterly results later this week.

JK Paper's shares closed 2% lower ahead of its results.

($1 = 84.0860 Indian rupees)

(Reporting by Nishit Navin and Ashna Teresa Britto in Bengaluru)

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Aug 9 (Reuters) - Emami Paper Mills Ltd EMAP.NS:

• JUNE-QUARTER PAT 128 MILLION RUPEES

• JUNE-QUARTER REVENUE FROM OPERATIONS 5.04 BILLION RUPEES

Further company coverage: EMAP.NS

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BENGALURU, July 24 (Reuters) - Indian paper and packaging board maker JK Paper JKPA.NS reported a fourth straight decline in quarterly profit on Wednesday, hurt by surging costs.

The company's consolidated net profit after tax fell nearly 55% year-on-year to 1.40 billion rupees ($16.7 million) for the quarter ended June 30.

Higher raw material costs led to a 25.1% rise in expenses, pressuring the bottomline, while net revenue rose 8.2% to 17.14 billion rupees.

JK Paper, which supplies office paper, coated paper, writing and printing paper, and packaging boards, has customers in more than 60 countries, according to its website.

A significant drop in market prices coupled with a surge in the cost of wood adversely affected the company's performance during in the first quarter, it said in an exchange filing.

The company's managing director in the previous quarter said that selling prices continued to remain subdued due to rising imports.

Peer Emami Paper Mills EMAP.NS will report its quarterly results next month.

JK Paper's shares ended 1.7% higher ahead of its results.

($1 = 83.6860 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru; Editing by Sonia Cheema)

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** Shares of Andhra Paper ANDA.NS up 3.8% to 507.8 rupees, on track for biggest one-day jump since late-April

** The paper and packaging co got approval from Andhra Pradesh Pollution Control Board for additional pulp capacity of 27,500 tonnes per annum (TPA)

** Co currently has existing capacity of 200,000 TPA

** Including session's gains, stock is down 17% YTD vs 7.3% loss in peer Emami Paper Mills EMAP.NS, ~71% gain in Century Textiles CNTY.NS

(Reporting by Manvi Pant in Bengaluru)

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May 28 (Reuters) - Emami Paper Mills Ltd EMAP.NS:

• EMAMI PAPER MILLS LTD- DIVIDEND OF 8 RUPEES ON PREFERENCE SHARES, 1.60 RUPEES ON EQUITY SHARE

• EMAMI PAPER MILLS LTD MARCH-QUARTER PAT 271.9 MILLION RUPEES VERSUS LOSS 112.7 MILLION RUPEES

• EMAMI PAPER MILLS LTD MARCH-QUARTER REVENUE FROM OPERATIONS 4.84 BILLION RUPEES VERSUS 5.52 BILLION RUPEES

Source text for Eikon: ID:nNSE6JxGqc

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May 10 (Reuters) - Emami Paper Mills Ltd EMAP.NS:

• SIGNED PPA WITH AMP ENERGY C&I THREE TO SUPPLY SOLAR POWER TO CO FROM 7 MWP CAPACITY SOLAR POWER PLANT AT ODISHA

Source text for Eikon: ID:nBSE2BDsgC

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Aug 9 (Reuters) - Emami Paper Mills Ltd EMAP.NS:

• INDIA'S EMAMI PAPER MILLS LTD JUNE-QUARTER PAT 13.3 MILLION RUPEES VERSUS 540 MILLION RUPEES

• EMAMI PAPER MILLS LTD JUNE-QUARTER REVENUE FROM OPERATIONS 5.19 BILLION RUPEES VERSUS 5.98 BILLION RUPEES

• EMAMI PAPER MILLS - ELEVATED MANISH GOENKA AS VICE CHAIRMAN

Source text for Eikon: ID:nBSE3qmH9b

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May 26 (Reuters) - Emami Paper Mills Ltd EMAP.NS:

• DIVIDEND OF 8 RUPEES PER SHARE ON PREFERENCE SHARE

• DIVIDEND OF 1.6 RUPEES PER EQUITY SHARE

Source text for Eikon: ID:nBSEbvJ2yc

Further company coverage: EMAP.NS

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