Ganga Papers India Limited reported a net profit of ₹49.91 lakh for the quarter ended June 30, 2026, marking a 62% increase from ₹30.76 lakh in the corresponding period of the previous year. The paper manufacturing company’s revenue from operations grew 38% year-on-year to ₹8,600.85 lakh, driven by higher sales volumes and favorable pricing dynamics. This performance highlights the company’s ability to scale operations while maintaining profitability despite rising input costs, with earnings per share (EPS) rising to ₹0.46 from ₹0.29.

The Board of Directors approved the unaudited standalone financial results during a meeting held on August 08, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Ram K Raj & Associates, Chartered Accountants (ICAI Firm Registration No. 002093C). In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for designated persons will reopen 48 hours after the declaration of these results.

Financial Performance Highlights

The company’s financial metrics for Q1FY27 reflect strong operational momentum compared to both the previous quarter and the same period last year. Total revenue stood at ₹8,602.96 lakh, including ₹2.11 lakh from other income. Profit before tax was recorded at ₹66.69 lakh, up from ₹41.30 lakh in Q1FY26. Earnings per share (EPS) rose to ₹0.46 from ₹0.29 in the prior year’s corresponding quarter.

Cost of material consumed increased significantly to ₹8,193.30 lakh from ₹4,596.94 lakh in Q1FY26, reflecting higher production volumes. However, this was partially offset by a decrease in finance costs to ₹58.01 lakh from ₹62.83 lakh in the prior year quarter. Employee benefits expense rose marginally to ₹85.20 lakh from ₹72.69 lakh.

What the Numbers Show

A key analytical observation is the divergence between revenue growth and other income trends. While revenue from operations surged 38% year-on-year, other income declined sharply to ₹2.11 lakh from ₹12.14 lakh in the preceding quarter and remained flat compared to ₹1.92 lakh in Q1FY26. This indicates that the profit growth is primarily driven by core operational efficiencies rather than non-operating gains. Additionally, the reduction in finance costs despite increased material consumption suggests effective debt management or lower interest rates, contributing positively to the bottom line.

Ganga Papers India Ltd disclosed that promoter Sandeep Kanoria gifted 4,22,750 equity shares, representing 3.92% of the total paid-up capital, to his brother Sanjay Kanoria on June 29, 2026. The transaction was executed as an off-market inter-se transfer, according to disclosures filed in Form C under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Prior to the transfer, Sandeep Kanoria held 11.84% of the company's equity shares. Following the disposal of 3.92% via gift, his stake has reduced to 7.92%. The recipient, Sanjay Kanoria, who is also part of the promoter group, saw his shareholding increase from 4.00% to 7.92% post-acquisition.

The company submitted the necessary disclosures to BSE Limited on June 30, 2026. The filing confirmed that the transaction involved equity shares of Rs. 10 each and did not involve any monetary consideration, as it was structured as a gift between immediate relatives within the promoter group.

Shareholding Details

The disclosures were signed by Amit Chaudhary, Chief Financial Officer of Ganga Papers India Ltd . The company noted that the information is also available on its official website.