JKPAPER2024-10-012024-12-31 JKPAPER2024-10-012024-12-31 JKPAPER2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member JKPAPER2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member JKPAPER2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member JKPAPER2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member JKPAPER2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532162 JKPAPER NOTLISTED JK Paper Limited Equity 2024-04-01 2025-03-31 2025-01-29 2025-01-21 INR Crores Third quarter 15:00:00 17:10:00 2025-01-29 2025-01-29 Not applicable Single segment Paper and Packaging Products 2024-10-01 2024-12-31 Unaudited Standalone 13896300000.00 218900000.00 14115200000.00 7675500000.00 2003800000.00 -301100000.00 1198400000.00 169600000.00 624500000.00 1919900000.00 13290600000.00 824600000.00 0.00 824600000.00 173200000.00 39900000.00 213100000.00 0.00 611500000.00 0.00 0.00 0.00 0.00 611500000.00 -2900000.00 608600000.00 608600000.00 0.00 1694000000.00 10 3.61 3.61 0.00 0.00 3.61 3.61 NOTES: STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER & NINE MONTHS PERIOD ENDED 31st DECEMBER 2024 1. Sharp rise in imports at low price adversely affected sales volumes and realisation of Paper & Board. This coupled with continuing high wood costs has resulted in significant fall in profits. 2. Pursuant to approval of the Board of Directors at their meeting held on 13th December 2024, the Company has entered into a Share Purchase and Shareholders' Agreement (SPSHA) with Radhesham Wellpack Private Limited (RWPL) and its Promoters and Shareholders for the acquisition of 60% of equity shares. Acquisition is expected to be completed within eight weeks of execution of SPSHA with RWPL and its Promoters and Shareholders, subject to fulfillment of conditions mentioned in SPSHA. Acquisition of remaining 40% of Equity Shares is expected to be completed within the next 2 years from the closing date, subject to fulfillment of conditions mentioned in SPSHA. 3. The Board of Directors of the Company at their meeting held on 13th December 2024, have approved a Composite Scheme of Arrangement under Sections 230 to 232 (read with Section 66 and other applicable provisions) of the Companies Act, 2013 between the Company, its subsidiaries namely JKPL Utility Packaging Solutions Private Limited (Formerly Manipal Utility Packaging Solutions Private Limited), Securipax Packaging Private Limited, Horizon Packs Private Limited, Enviro Tech Ventures Limited and Resulting Company namely PSV Agro Products Private Limited and their respective shareholders (the ‘Scheme’).The aforementioned Scheme having appointed dates of 1st April 2024 and 1st April 2025, as further detailed in the Scheme, is subject to required regulatory and other approvals. Pending necessary approvals, the effect of the Scheme has not been taken in the above Financial Results. 4. The Board of Directors at it’s meeting held today approved the acquisition of majority stake in Quadragen Vethealth Private Limited (QVPL) and entered into a Share Purchase and Shareholders’ Agreement (SPSHA) for the acquisition of 65% shares upfront. The balance 35% are to be acquired with in a period of four years as per the SPSHA. QVPL is engaged in the business of manufacture and supply of animal nutrition products including animal feed growth promoters. This has no impact on the results for the period ended 31st December,2024. 5. The Company had opted for the new tax regime as per Section 115BAA of the Income Tax Act, 1961 (the Act) during the previous financial year which had resulted in Deferred Tax credit of Rs.43.55 crore during the corresponding quarter and Rs.130.65 crore up to December last year, hence the tax provision is not comparable with the current period. 6. The figures for the previous periods have been rearranged, wherever necessary. The Company does not have any Exceptional Item to report for the current quarter. 7. The Company has only one reportable business segment namely ‘Paper and Packaging Products’. Segment reporting is given in Consolidated Financial Results. 8. These Standalone Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29th January 2025. Limited Review of these results has been carried out by the Auditors. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 42926700000.00 822400000.00 43749100000.00 21933400000.00 6353600000.00 -485800000.00 3466800000.00 1071200000.00 1865000000.00 5916400000.00 40120600000.00 3628500000.00 0.00 3628500000.00 832900000.00 -116000000.00 716900000.00 0.00 2911600000.00 0.00 0.00 0.00 0.00 2911600000.00 12600000.00 2924200000.00 2924200000.00 0.00 1694000000.00 10 17.19 17.19 0.00 0.00 17.19 17.19 Others 1014000000.00 Power,Fuel and Water 905900000.00 Others 3221200000.00 Power,Fuel and Water 2695200000.00 -3200000.00 11800000.00 -300000.00 -800000.00 0.00 0.00