Mumbai, Oct. 28 -- On a standalone basis, the paper manufacturer posted a net profit of Rs 8.10 crore in Q2 FY26, marking a 213% year-on-year surge from Rs 2.59 crore in Q2 FY25, as the company bounced back from a loss of Rs 7.41 crore in the previous quarter.

Revenue from operations rose 20.9% YoY to Rs 1,090.73 crore from Rs 902.49 crore a year earlier. However, it was down 3.4% sequentially from Rs 1,129.40 crore in Q1 FY26.

EBITDA rose 2.31% YoY to Rs 141.37 crore in Q2 FY26. Profit before tax (PBT) surged 156% YoY to Rs 12.93 crore from Rs 5.05 crore in Q2 FY25, a sharp turnaround from a pre-tax loss of Rs 11.82 crore in Q1 FY26.

The company's tax outgo fell significantly to Rs 0.77 crore from Rs 2.97 crore a year earlier.

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