JK Paper Q4 Review - Stellar Performance On Key Parameters: IDBI Capital
Rolls of paper sit at the printing facility. (Photographer: Xaume Olleros/Bloomberg)

JK Paper Q4 Review - Stellar Performance On Key Parameters: IDBI Capital

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital Report

JK Paper Ltd.’s Q4 FY21 result was beat to our estimates on key parameters.

The company reported another quarter of an all-round performance aided by higher volume as well as improved net sales realisation.

Net sales increased by 22.1% YoY to Rs 8,982 million, while Ebitda came in at Rs 2,284 million, up by 29.4% YoY.

It reported net profit of Rs 1,361 million, a healthy growth of 46.8% over Q4 FY20.

The management’s prudent strategies on price hike and focus on increasing sales volume led to outperformance despite challenging business environment.

Click on the attachment to read the full report:

IDBI Capital JK Paper Q4FY21 Result Update.pdf

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