Emami Paper Mills Limited , a prominent player in the paper industry, has released its unaudited standalone financial results for the quarter and half-year ended September 30, showcasing revenue growth amid changing market dynamics.

Q2 Financial Highlights

The company reported a quarterly revenue from operations of ₹495.09 crores, marking an 8.8% increase from ₹454.86 crores in the same period last year. However, profit after tax for the quarter saw a decline, coming in at ₹7.59 crores compared to ₹16.40 crores in the previous year's corresponding quarter.

Half-Year Performance

For the half-year period, Emami Paper Mills demonstrated resilience with revenue reaching ₹998.78 crores, a slight improvement from ₹994.11 crores in the previous year. Notably, the company managed to increase its profit after tax to ₹20.39 crores, up from ₹17.73 crores in the same period last year.

Financial Results Overview

All figures in crores (Cr)

Internal Auditor Reappointment

In a move to maintain robust internal financial controls, the Board of Directors has reappointed Ernst & Young LLP as the company's Internal Auditors. This appointment is set for the period from Q3 FY 2024-25 till Q2 FY 2026-27, based on the recommendation of the Audit Committee.

Management Commentary

While specific management comments were not provided, the reappointment of Ernst & Young LLP suggests a continued focus on maintaining high standards of financial oversight and corporate governance.

Looking Ahead

As Emami Paper Mills navigates through the evolving market conditions, the company's ability to grow revenue while managing profitability will be crucial. Stakeholders will likely keep a close eye on how the company leverages its internal audit processes to enhance operational efficiency and financial performance in the coming quarters.

The paper industry continues to face challenges and opportunities in the wake of changing consumer behaviors and environmental considerations. Emami Paper Mills' performance in the subsequent quarters will be instrumental in determining its trajectory in this dynamic market landscape.

Emami Paper Mills Limited , a prominent player in the paper industry, has announced a significant development regarding its shareholding structure. Diwakar Finvest Private Limited, representing the promoter and promoter group of the company, has withdrawn a previously filed disclosure related to an inter-se transfer of shares.

Withdrawal of Share Transfer Disclosure

The disclosure, originally filed on August 21, 2025, under Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, has been officially withdrawn. This decision comes as the acquirer and transferor have opted not to proceed with the proposed share transfer on the initially planned date.

Official Communication

In an official communication to the National Stock Exchange of India Limited and BSE Limited dated August 25, 2025, Santinath Paul, the authorized signatory for Diwakar Finvest Private Limited, stated:

"We, Diwakar Finvest Private Limited, one of the acquirers, on behalf of the other acquirers & transferors of Emami Paper Mills Limited, are withdrawing the disclosure filed on 21st August 2025 under regulation 10(5) of the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011."

Assurance of Future Compliance

The company has provided assurance regarding any future inter-se transfers. The statement emphasized, "It is further assured that whenever in future any inter se will be executed, fresh compliance and all the formalities will be completed as are required and deemed necessary pursuant to relevant acts, rules and regulations as are applicable."

This move underscores the company's commitment to transparency and adherence to regulatory requirements in its shareholding matters.

Impact on Shareholders

While the withdrawal of the share transfer disclosure does not directly affect the current shareholding structure, it provides insight into the dynamic nature of ownership considerations within Emami Paper Mills Limited's promoter group.

Investors and market observers will likely keep a close watch on any future announcements regarding potential share transfers or changes in the company's ownership structure.

As the situation evolves, stakeholders are advised to stay tuned for any further updates from Emami Paper Mills Limited regarding its shareholding patterns and corporate actions.