West Coast Paper Mills reported a 17.9% year-on-year rise in consolidated net profit for the fourth quarter, helped by higher sales volumes, a better product mix and improved operational efficiency.
Net profit for the quarter ended March 31, 2026, rose to ₹51.8 crore from ₹44 crore in the year-ago period, according to the company’s exchange filing.
Revenue from operations increased 19.6% to ₹1,245.3 crore in the January-March quarter, compared with ₹1,041.3 crore a year earlier.
EBITDA nearly doubled to ₹157.3 crore from ₹80.7 crore in the corresponding quarter last year, while EBITDA margin expanded sharply to 12.6% from 7.8%.
The company’s board recommended a dividend of ₹3 per equity share of face value ₹2 each for FY26, subject to shareholder approval at the upcoming annual general meeting.The board also approved the reappointment of Rajendra Jain as Executive Director for another two years with effect from July 31, 2026, and Virendraa Bangur as Joint Managing Director for a further three years from June 26, 2026, subject to shareholder approval.
Chairman and Managing Director SK Bangur said the company’s quarterly performance improved due to higher volumes, better product mix and operational efficiencies.
He added that the backward-integrated draw tower in the cable division has stabilised and is expected to support the optical fibre business going forward.
Shares of West Coast Paper Mills closed 0.98% higher at ₹510 on the NSE on Wednesday.
First Published: May 27, 2026 4:48 PM IS
