South India Paper Mills net profit rises 56% in Q2 FY27

Mumbai, Oct. 30 -- Sales increased 4.56% year on year to Rs 116.66 crore in Q2 FY27 from Rs 111.57 crore in Q2 FY26.

Profit before tax (PBT) rose 56% to Rs 5.87 crore in Q2 FY27 from Rs 3.76 crore in Q2 FY26. Profit before depreciation, tax and interest (PBDT) increased 27% to Rs 10.07 crore from Rs 7.92 crore.

Operating profit margin (OPM) stood at 12.29% in Q2 FY27 compared with 11.58% in Q2 FY26.

South India Paper Mills is engaged in the manufacturing and sale of paper and paper products.

Shares of South India Paper Mills fell 3.24% to Rs 115.05 on the BSE.

Published by HT Digital Content Services with permission from Capital Market....