Results - Announcements
West Coast Paper Mills Ltd share price crashed 11.21% to Rs 739.4 after the company's net profit tumbled by 21.08% to Rs 111.94 crore, while revenue from operations increased sharply by 21.45% to Rs 1276.77 crore in Q2FY27 over Q2FY26.
The market capitalization of Paper & Paper Products industry group stocks on BSE stood at Rs 22700.12 crore, rising 7.11%. It has eased by 1.75% over last one week and crept higher by 0.58% in last one month while the market capitalization of West Coast Paper Mills Ltd has softened by 9.26% and 23.35% in the same period respectively.
Profit before tax (PBT) of West Coast Paper Mills Ltd stood at Rs 152.35 crore in Q2 FY27, surging by 706.94% year-on-year, and tumbling by 15.94% quarter-on-quarter. EBITDA came in at Rs 165 crore, expanding by 261.89% YoY and gaining 3.74% sequentially.
Total expenses jumped by 26.04% to Rs 1143.22 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 751.39 crore, advancing by 10.45% YoY, while employee benefits expense was at Rs 115.35 crore, registering a growth of 11.03% YoY.
For FY26, revenue from operations inched higher 5.33% to Rs 4278.79 crore, while net profit tanked by 53.60% to Rs 155.73 crore, compared to previous FY. EBITDA witnessed a strong improvement of 30948% to Rs 298.52 crore, and PBT collapsed by 46.50% to Rs 237.31 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 400.35 crore in FY26, as against Rs 99.22 crore in FY25.
West Coast Paper Mills Ltd jumped 64.26% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.74% during the same period.