JK Paper Q4 FY26 results: revenue up 17%, profit up 36%

What JK Paper reported for March 2026

JK Paper Ltd. announced its audited financial results for the quarter and financial year ended March 31, 2026. The key talking point from the March quarter was a clear improvement in quarterly performance on both revenue and profit. At the same time, the full-year profit figure provided in the data set shows a decline versus FY25, highlighting that the recovery in Q4 came after a weaker run earlier in the year. The board also recommended a dividend, alongside updates linked to labour code impact and a corporate restructuring scheme.

The numbers cited across the inputs include multiple revenue and YoY reference points for the March 2026 quarter. Where there are overlaps, this report presents each figure as stated, without reconciling beyond what is explicitly provided. All monetary figures are presented in ₹ crore for consistency.

Q4 FY26 revenue: growth on both YoY and QoQ basis

For Q4 FY26, consolidated revenue from operations (net) was reported at ₹1,965.95 crore. This was stated as up 17.23% year-on-year from ₹1,677.05 crore and up 14.50% quarter-on-quarter from ₹1,716.95 crore.

A separate quarterly snapshot also described March 2026 net sales at ₹1,965.95 crore, up 16.36% from ₹1,689.50 crore in March 2025. Both sets of YoY baselines are included in the source text, and both indicate a double-digit annual increase in quarterly revenue.

In another line item, revenue from operations for Q4 FY26 was stated at ₹1,807.00 crore, up 9.35% YoY from ₹1,652.49 crore and up 15.80% QoQ from ₹1,560.48 crore. The inputs do not explicitly label this figure as standalone or consolidated, so it is reported here as an additional revenue disclosure for the quarter.

Q4 FY26 profit and operating performance

JK Paper’s consolidated net profit attributable to owners for Q4 FY26 was reported at ₹91.98 crore. This was described as up 35.76% YoY and up 336.75% QoQ.

The quarterly snapshot also reported Q4 net profit at ₹91.98 crore, up 20.71% from ₹76.20 crore in March 2025. On operating profitability, EBITDA for March 2026 was stated at ₹279.07 crore, up 15.49% from ₹241.63 crore in March 2025. Earnings per share (EPS) for March 2026 increased to ₹5.07 from ₹4.51 in March 2025, as per the same quarterly snapshot.

FY26 full-year profit: decline versus FY25

For the full year FY26, consolidated net profit attributable to owners was stated at ₹265.84 crore. This represented a 34.97% decrease compared to ₹408.79 crore in FY25.

This year-on-year decline in the full-year profit figure matters because it frames the March quarter rebound in context. While Q4 FY26 showed a strong sequential improvement in profit versus the prior quarter, the FY26 total cited suggests profitability over the year remained under pressure compared to the previous year.

Dividend, labour code impact, and scheme of arrangement

Alongside the audited results, the board of directors recommended a dividend of ₹4 per share (40%), amounting to ₹72.53 crore.

The company also assessed an incremental impact of ₹13.60 crore towards retiral obligations due to the New Labour Codes. Separately, JK Paper stated that its Composite Scheme of Arrangement became effective from March 15, 2026, and that 1,19,16,427 equity shares were issued on March 20, 2026.

FY26 quarterly run-rate: turnover, EBITDA, PAT disclosures

JK Paper’s quarterly disclosures across FY26 show changes in turnover and profitability over the year. The company reported consolidated turnover of ₹1,784.88 crore in Q1 FY26, ₹1,870.34 crore in Q2 FY26, and ₹1,877.62 crore in Q3 FY26.

Across the same quarters, EBITDA was reported at ₹272.20 crore (Q1), ₹243.66 crore (Q2), and ₹195.87 crore (Q3). Profit after tax (PAT) was stated at ₹81.23 crore (Q1), ₹74.75 crore (Q2), and ₹27.40 crore (Q3). The input set also includes an alternate Q1 FY26 consolidated net profit figure of ₹85.44 crore in a separate results summary.

Key numbers table

Stock price and recent return snapshot

The inputs state JK Paper shares closed at ₹381.65 on May 14, 2026 (NSE). The stock was also reported to have delivered returns of 2.28% over the last six months and 8.01% over the last 12 months, as of that snapshot. Another line item states the current price as ₹354.40.

These market datapoints indicate that the Q4 results arrived after a period of modest trailing returns, at least as captured in the figures provided. Since the prices are from different timestamps in the inputs, they are best read as separate reference points rather than a single continuous move.

Why the Q4 print matters for investors tracking paper and packaging

The March quarter shows a combination of higher revenue and stronger profit compared with both the year-ago quarter and the immediately preceding quarter, based on the figures provided. The improvement in EBITDA and EPS, alongside the sharp QoQ rise in profit, signals better quarter-level execution relative to the earlier part of FY26.

At the same time, the FY26 full-year profit number cited is lower than FY25, which keeps attention on the broader profitability cycle rather than just one quarter. The additional disclosures on labour-code linked retiral obligations and the corporate scheme effectiveness also matter because they can influence reported costs, share count, and comparability across periods.

Conclusion

JK Paper’s audited Q4 FY26 numbers showed higher consolidated revenue of ₹1,965.95 crore and net profit of ₹91.98 crore, while FY26 full-year net profit was stated at ₹265.84 crore versus ₹408.79 crore in FY25. The board recommended a ₹4 per share dividend amounting to ₹72.53 crore, and the company disclosed a ₹13.60 crore incremental labour code impact along with the effectiveness of its scheme of arrangement from March 15, 2026. Market participants will likely track subsequent filings for further clarity on quarter-wise comparability and the post-scheme share base.