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Revenue of paper makers likely to fall 8-10pc this fiscal year: Crisil

Revenue of paper makers likely to fall 8-10pc this fiscal year: Crisil
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Paper makers expected to experience declining revenue: Crisil

As per IPMA's projection, India's paper consumption is poised to reach 30 million tons by March 2027, a promising sign that has seen many paper companies fortify their financial standing. However, a recent analysis by Crisil Ratings paints a different picture, suggesting an anticipated 8-10% revenue decline for paper manufacturers in the current fiscal year. ....

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Paper manufacturers could see 8-10% decline in revenue this fiscal: Crisil Ratings

Indian paper manufacturers are expected to experience a decline in revenue of 8-10% this fiscal year, compared to a growth of 30% last year, due to lower realizations and intense competition. However, volume is projected to increase by 5-7%. The packaging paper segment is the largest in India, followed by writing and printing paper. Crisil Ratings anticipates a 6-8% growth in packaging paper volume and a 3-5% growth in writing and printing paper volume. ....

Joanne Gonsalves , Aditya Jhaver , Crisil Ratings , New Education , Associate Director , Packaging Paper , W Ampp Paper , Paper Manufacturers , Indian Paper Manufacturers ,

CRISIL Ratings: Revenue of paper makers to crumple 8-10% this fiscal

CRISIL Ratings: Revenue of paper makers to crumple 8-10% this fiscal
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