Mumbai, July 29 -- However, revenue from operations declined by 0.90% quarter-on-quarter (QoQ) to Rs 1,674.16 crore in the quarter ended 30 June 2025.

On a year-on-year (YoY) basis, net profit fell 41.86%, while revenue from operations shed 2.30% in Q1 FY26.

In Q1 FY26, profit before tax fell by 40.03% year-on-year to Rs 116 crore, as compared to the same quarter in FY25.

Total expenses rose 2.19% year on year to Rs 1,583.23 crore in the quarter ended 30 June 2025. The cost of material consumed stood at Rs 149.58 (up 10.37%YoY), finance cost was at Rs 67.14 crore (up 88.64%) during the period under review.

Revenue from paper and packaging segment declined 3.91% to Rs 1,641.82 crore in Q1 FY26 as against Rs 1,708.73 crore in Q1 FY25. R...