Kay Power & Paper Ltd Reports Q1 FY2026 Results: Net Profit at Rs 1.21 Crore
Kay Power & Paper Ltd announced unaudited financial results for Q1 FY2026, ending June 30, 2025. Revenue decreased to Rs 711.73 crore from Rs 1,216.08 crore in Q4 FY2025 and Rs 1,013.70 crore in Q1 FY2025. Net profit fell to Rs 1.21 crore, down from Rs 96.35 crore in the previous quarter and Rs 4.33 crore in Q1 FY2025. EPS dropped to Rs 0.01. Total expenses were Rs 740.24 crore, with material costs at Rs 534.63 crore. The company incorporated a new subsidiary, Satara Aerospace and Defence Industrial Park Pvt Ltd, on June 5, 2024, which has not yet started operations. The Board approved these results on August 12, 2025.
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Kay Power & Paper Ltd , a prominent player in the paper industry, has announced its unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025. The company's performance shows a significant decline in revenue and profit compared to the previous quarter and the same period last year.
Financial Highlights
Revenue: The company reported standalone revenue from operations of Rs 711.73 crore for Q1 FY2026, marking a substantial decrease from Rs 1,216.08 crore in the previous quarter (Q4 FY2025) and Rs 1,013.70 crore in the corresponding quarter of the previous year (Q1 FY2025).
Net Profit: Net profit for the quarter stood at Rs 1.21 crore, significantly lower than the Rs 96.35 crore reported in the previous quarter and Rs 4.33 crore in Q1 FY2025.
Earnings Per Share (EPS): The basic earnings per share for Q1 FY2026 was Rs 0.01, compared to Rs 0.44 in the previous quarter and Rs 0.04 in Q1 FY2025.
Operational Performance
The company's total expenses for the quarter amounted to Rs 740.24 crore, with the cost of materials consumed being the largest component at Rs 534.63 crore. Other significant expenses included:
| Expense Category | Amount (Rs crore) |
|---|---|
| Manufacturing expenses | 88.43 |
| Selling & Administrative expenses | 42.14 |
| Employee benefit expenses | 36.40 |
| Depreciation and amortization | 34.88 |
Subsidiary Update
Kay Power & Paper Ltd incorporated a wholly-owned subsidiary, Satara Aerospace and Defence Industrial Park Pvt Ltd, on June 5, 2024. However, this subsidiary has not yet commenced operations, and therefore, the consolidated financial results remain the same as the standalone results for the current quarter.
Board Meeting and Approval
The Board of Directors of Kay Power & Paper Ltd approved these unaudited financial results at their meeting held on August 12, 2025. The meeting commenced at 3:00 PM and concluded at 3:35 PM.
Auditor's Review
R Y Kulkarni & Associates, Chartered Accountants, conducted a limited review of the financial results. Based on their review, they found no material misstatements in the financial information disclosed by the company.
Kay Power & Paper Ltd's performance in Q1 FY2026 reflects challenges in the operating environment, with significant decreases in both revenue and profit compared to recent quarters. Investors and stakeholders will be watching closely to see how the company navigates these challenges in the coming quarters and whether the newly incorporated subsidiary will contribute to future growth.
Historical Stock Returns for Kay Power & Paper
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.81% | -3.05% | -10.14% | -19.52% | -66.39% | +498.68% |
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