Pudumjee Paper Products has reported that its net profit in the March quarter was up marginally at ₹20 crore against ₹19 crore logged in the same period last year.

Revenue increased to ₹201 crore (₹190 crore). The company has announced a dividend of ₹0.60 a share.

In FY’26, the company’s net profit was down marginally at ₹94 crore (₹96 crore) while revenue flat at ₹808 crore (₹809 crore).

The stable performance was driven by an increased sales volumes of 1,675 tonne of paper. To pass manufacturing cost savings directly to customers and sustain market value, the company lowered its average selling price per tonne. Backed by strong operational efficiency, the company maintained a consistent EBITDA margin of 18 per cent.

The company has successfully completed its ₹110 crore capital expenditure program. The investments were made to set up a solar power plant, installing an advanced AFBC boiler and modernizing critical parts of three paper-making machines to improve efficiency.

The new 15.4 MW Solar Power Plant at Bhalwani, near Solapur, was operationalized last December. It will meet about 35 per cent of the company’s annual power needs, reducing manufacturing energy costs and lowering its carbon footprint by an estimated 27,000 tonne annually.

Due to updated regulatory requirements, the company is currently applying for fresh environmental clearance to construct its upcoming project at Mahad, it said.

The company continues to focus on manufacturing biodegradable and compostable speciality papers with barrier properties to protect packaged contents. These papers serve as raw materials for sustainable packaging in high-growth demand sectors, including food products, pharmaceuticals, hospital supplies, hygiene, and confectionery.

Published on May 25, 2026