JK Paper takes full ownership of Radheshyam Wellpack
JK Paper has acquired the remaining 20% stake in Radheshyam Wellpack Private Limited, making the packaging-related business a wholly owned subsidiary. The deal accompanied second-quarter results for the year to March 2027, with consolidated net profit up about 36% year on year to INR 102.10 crore (USD 10.8m) on revenue of INR 1,939.04 crore (USD 205.2m), up around 12%. EBITDA rose about 26% to INR 300.86 crore (USD 31.8m), with margin improving to roughly 14.6% from 13.8%.
Why this mattersFull ownership of Radheshyam Wellpack strengthens JK Paper's packaging business, which it credits with part of its earnings growth alongside a better product mix.
- JK Paper acquired the remaining 20% stake in Radheshyam Wellpack Private Limited, taking ownership to 100%
- Q2 FY27 consolidated revenue rose about 12% year on year to INR 1,939.04 crore (USD 205.2m) from INR 1,732.09 crore (USD 183.3m)
- Consolidated net profit rose about 36% year on year to INR 102.10 crore (USD 10.8m) from INR 75.32 crore (USD 8.0m)
- EBITDA rose about 26% year on year to INR 300.86 crore (USD 31.8m), with margin up to roughly 14.6% from 13.8%
- Net profit fell about 25% quarter on quarter from INR 136.27 crore (USD 14.4m) in Q1 FY27