Seshasayee Paper and Boards shares jump 10% after Q2 results, but technicals remain weak | What's next for investors?
New Delhi, Oct. 26 -- Seshasayee Paper and Boards shares jumped over 10% on Monday, 26 October, after the company reported a strong performance for the quarter ended 30 September 2026, with profit and revenue registering sharp growth.
The paper manufacturer reported a 96% year-on-year rise in profit after tax (PAT) to Rs.34.96 crore in the July-September quarter, compared with Rs.17.80 crore in the corresponding period last year.
Revenue from operations increased 45.3% year-on-year to Rs.502.99 crore from Rs.346.25 crore in Q2 FY26. Earnings before interest, depreciation, taxes and amortisation (EBITDA) rose 48.1% to Rs.58.72 crore from Rs.39.64 crore, while profit before tax (PBT) nearly doubled to Rs.46.76 crore from Rs.24.08 crore.
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