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
N R Agarwal Industries Unveils Rs 1,200 Crore Expansion Plan, Closes Unviable Unit
N R Agarwal Industries plans to establish a new Multilayer Board plant (Unit VI) with 1,000 TPD capacity, investing Rs 1,200 crores over four years. The company will purchase a 1,020 TPD board paper machine from China. Simultaneously, it will permanently close Unit IV, a Duplex Board Plant, by July 31, 2025, which contributed 2.89% to FY 2024-25 revenue. Current operational capacity is 4,44,000 MT per annum, with 86.70% utilization in FY 2024-25.
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.