JK Paper Q4 net profit jumps 40.96% at Rs 128.78 cr
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/37c136e7416cc85ec2dc275b89c29cd4.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
The company reported standalone net profit of Rs 128.78 crore for the quarter ended March 31, 2021 as compared to Rs 91.36 crore in the same period last year, registering a year-on-year growth of 40.96 per cent. Net revenue of the company rose substantially by 22.89 per cent at Rs 897.37 crore in January-March quarter of this fiscal as against Rs 730.20 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 21.95 per cent to Rs 668.96 crore from Rs 548.55 crore in year ago period. Other Income dipped by 13.40 per cent at Rs 16.09 crore versus (Mar'20 Rs 18.58 crore).
Operating Profit surged by 25.74 per cent to Rs 228.41 crore as against Rs 181.65 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.29 per cent in March quarter. Interest declined by 34.95 per cent y-o-y to Rs 20.14 crore, while Taxation increased by 31.86 per cent at Rs 57.07 crore (Mar'20 Rs 43.28 crore).
![](https://portfolio.investmentguruindia.com/uploads/news/Ashish Khandelia - Founder at Certus Capital & Earnnest.me.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/soyabean.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gold 1.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker_2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ravi Kaushik, Flourish venture.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/202407243192420.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nikunj Agarwal.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/startup.jpg)