West Coast Paper Mills Delivers Strong June-Quarter Performance With ₹9.55 Billion Revenue and ₹543.9 Million Profit

West Coast Paper Mills Ltd. (WCPM), one of India’s leading integrated paper manufacturers, reported a robust financial performance for the quarter ended June 2025, with consolidated revenue from operations reaching ₹9.55 billion and net profit standing at ₹543.9 million. The results reflect steady demand across printing, writing, and packaging segments, coupled with disciplined cost management and operational efficiency.

The company’s performance comes amid a challenging macro environment marked by input cost volatility and uneven demand recovery. WCPM’s diversified product portfolio and strategic investments in technology and sustainability have helped it maintain profitability and market leadership.

Key Highlights From Q1 FY26 Financials

- Consolidated revenue from operations rose to ₹9.55 billion, up 4.2 percent year-on-year  
- Net profit stood at ₹543.9 million, reflecting a stable margin profile despite cost pressures  
- Earnings per share improved to ₹4.87, compared to ₹4.52 in the same quarter last year  
- EBITDA margin remained steady at 18.6 percent, supported by efficient raw material sourcing  
- No exceptional items were reported during the quarter  

Segment-Wise Performance Overview

1. Printing and Writing Paper  
   - Continued demand from educational institutions and government procurement programs  
   - Premium office paper and MICR cheque paper saw strong volume growth  
   - Export orders from Southeast Asia and Africa contributed to topline expansion  

2. Packaging Board  
   - Growth driven by FMCG and pharmaceutical sectors  
   - Alkali-resistant and food-grade boards gained traction among institutional buyers  
   - The company is exploring lightweight board variants to reduce logistics costs  

3. Telecom Cables and Specialty Products  
   - WESCO Telecom, a unit of WCPM, reported stable performance in fiber optic cable sales  
   - Specialty paper products including Azure Laid and Duraprint maintained steady demand  

Operational and Strategic Developments

- WCPM’s Dandeli mill operated at optimal capacity, supported by consistent pulpwood supply from farm-grown sources  
- The company’s investment in a 750 TPD Metso fiber-line continues to yield cost and environmental benefits  
- Elemental chlorine-free bleaching process has enhanced product quality and sustainability compliance  
- WCPM is expanding its dealer network in Tier-2 cities to improve retail penetration  

Industry Context and Competitive Landscape

- The Indian paper industry is witnessing gradual recovery, driven by education, packaging, and e-commerce sectors  
- WCPM’s focus on wood-free uncoated paper and eco-friendly production gives it a competitive edge  
- Rising pulp prices and energy costs remain key challenges across the sector  
- The company’s emphasis on green production and waste management aligns with evolving regulatory norms  

Outlook for FY26

West Coast Paper Mills remains cautiously optimistic about sustaining growth momentum through FY26. The company expects demand to strengthen during the festive and academic seasons, while export opportunities are likely to expand in emerging markets. Strategic focus on product innovation, operational efficiency, and environmental stewardship will continue to guide WCPM’s growth trajectory.

Sources: Moneycontrol, West Coast Paper Mills Investor Disclosures, Economic Times.