NR Agarwal Industries Reports Robust Q1 Results, Recommends New Independent Director
N R Agarwal Industries, a leading paper and paperboard manufacturer, announced strong Q1 results with a 386.33% year-on-year increase in net profit to Rs 1,654.88 lakhs. Revenue from operations grew by 30.31% to Rs 45,214.23 lakhs. The company's board recommended the appointment of Mahendra Kumar Gupta as an Independent Director for a five-year term, subject to shareholder approval. The board also approved alterations to the company's Memorandum of Association object clause and the unaudited financial results for the quarter ended June 30.
01Aug 25
NR Agarwal Industries Begins Land Acquisition for Rs 1,200 Crore Unit VI Project
NR Agarwal Industries has made significant progress in its Rs 1,200 crore expansion project by beginning land acquisition at Dahej, Gujarat for Unit VI. The company plans to acquire approximately 145 acres in multiple tranches, with the first tranche completed on December 19, 2025. This development advances the timeline for establishing a new 1,000 TPD Multilayer Board plant while the company simultaneously closes its non-viable Unit IV operations.
31Jul 25
N R Agarwal Industries Unveils Rs 1,200 Crore Expansion Plan, Closes Underperforming Unit
N R Agarwal Industries plans to establish a new 1,000 TPD Multilayer Board plant (Unit VI) with a Rs 1,200 crore investment. The company is acquiring a 1,020 TPD board paper machine and related equipment from China. Simultaneously, it will close its non-viable Unit IV Duplex Board Plant by July 31, 2025. The company's current operational capacity is 4,44,000 MT per annum, with 3,84,880 MT utilized in FY 2024-25.
07Jul 25
N R Agarwal Industries Expands Product Line with New Folding Box Board Offerings
N R Agarwal Industries has launched new Folding Box Board products from its Gujarat unit, expanding its product portfolio in the packaging sector. This strategic move aims to strengthen the company's market position, attract a wider customer base, and potentially open new revenue streams. The launch demonstrates N R Agarwal's focus on innovation and its response to evolving market demands in the paper and packaging industry.