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Seshasayee Paper & Boards Ltd leads gainers in A group

Read more about Seshasayee Paper & Boards Ltd leads gainers in A group on Business Standard. Indian Hume Pipe Company Ltd, Jai Corp Ltd, Rupa & Company Ltd and Tamil Nadu Newsprint & Papers Ltd are among the other gainers in the BSE s A group today, 27 May 2021.

JK Paper consolidated net profit rises 46 50% in the March 2021 quarter

JK Paper consolidated net profit rises 46 50% in the March 2021 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

JK Paper climbs after Q4 PAT gallops 46% YoY to Rs 136 cr

JK Paper rose 3.46% to Rs 156.85 after the company s consolidated net profit spurted 46.49% to Rs 135.79 crore on 22.05% increase in net sales to Rs 898.16 crore in Q4 March 2021 over Q4 March 2020. Profit before tax jumped 41.31% to Rs 193.60 crore in Q4 FY21 over Q4 FY20. During the financial year, JK Paper s consolidated net profit tumbled 49.51% to Rs 239.95 crore on 10.11% decline in net sales to Rs 2,750.72 crore in FY 2021 over FY 2020. The board recommended a dividend of Rs 4 per equity share. The firm has also re-appointment of Harsh Pati Singhania as the vice chairman and managing director (MD) of JK Paper for a further term of five years effective from 1 January 2022 to 31 December 2026.

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