| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 118 | 56.4 | +108.7% |
| EBITDA | 6.7 | −3.2 | — |
| EBITDA margin | 5.7% | −5.8% | +11.4 pts |
| Profit before tax | 3.1 | −7.6 | — |
| Net profit | 2.5 | −5.6 | — |
| EPS | ₹1.46 | −₹3.28 | — |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Earlier quartersAlpha Plus |
|---|
| 118 | 123 | 106 | 76.8 | 56.4 | 94.3 | 93.0 | 62.6 | 64.7 | 57.5 | 75.2 | 61.4 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 0.1 | 0.1 | 0.4 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | ||
| 118 | 124 | 106 | 76.9 | 56.5 | 94.4 | 93.2 | 62.8 | 64.8 | 57.7 | 75.4 | 61.5 | ||
Expenses | |||||||||||||
| 69.1 | 73.3 | 68.0 | 52.0 | 39.8 | 70.4 | 61.7 | 42.4 | 46.0 | 35.8 | 52.3 | 46.2 | ||
| 0.3 | 1.0 | −0.1 | 0.9 | −0.6 | 1.2 | 6.0 | 2.8 | −1.1 | 4.4 | −6.0 | −9.1 | ||
| 3.3 | 3.2 | 3.0 | 3.2 | 2.9 | 3.0 | 2.9 | 2.6 | 2.5 | 2.4 | 2.4 | 2.2 | ||
| 2.3 | 2.6 | 2.8 | 2.9 | 3.1 | 2.5 | 3.5 | 2.8 | 2.7 | 2.4 | 3.1 | 2.6 | ||
| 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.5 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | ||
| 38.4 | 40.2 | 30.7 | 23.9 | 17.5 | 24.7 | 21.9 | 16.1 | 18.3 | 14.1 | 21.9 | 17.9 | ||
| 115 | 122 | 106 | 84.3 | 64.1 | 103 | 97.5 | 67.9 | 69.7 | 60.5 | 74.9 | 61.0 | ||
| 6.7 | 5.7 | 4.2 | −3.2 | −3.2 | −4.9 | 0.5 | −1.2 | −1.1 | 0.8 | 4.6 | 4.2 | ||
| 5.3 | 4.3 | 2.9 | −4.6 | −4.6 | −6.2 | −0.9 | −2.5 | −2.3 | −0.5 | 3.4 | 2.9 | ||
Profit | |||||||||||||
| 3.1 | 1.8 | 0.5 | −7.4 | −7.6 | −8.7 | −4.3 | −5.2 | −4.9 | −2.8 | 0.4 | 0.5 | ||
| 3.1 | 1.8 | 0.5 | −7.4 | −7.6 | −8.7 | −4.3 | −5.2 | −4.9 | −2.8 | 0.4 | 0.5 | ||
| 0.6 | 0.6 | 3.2 | −2.3 | −2.0 | −2.5 | −1.4 | −1.5 | −1.2 | −0.8 | 0.3 | 0.1 | ||
| 0.6 | 0.6 | 3.2 | −2.3 | −2.0 | −2.5 | −1.4 | −1.5 | −1.2 | −0.8 | 0.3 | 0.1 | ||
| 2.5 | 1.3 | −2.7 | −5.1 | −5.6 | −6.2 | −2.8 | −3.7 | −3.7 | −2.0 | 0.1 | 0.4 | ||
| 2.5 | 1.3 | −2.7 | −5.1 | −5.6 | −6.2 | −2.8 | −3.7 | −3.7 | −2.0 | 0.1 | 0.4 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 2.5 | 1.3 | −2.7 | −5.1 | −5.6 | −6.2 | −2.8 | −3.7 | −3.7 | −2.0 | 0.1 | 0.4 | ||
Per share | |||||||||||||
| ₹1.46 | ₹0.75 | −₹1.56 | −₹2.99 | −₹3.28 | −₹3.61 | −₹1.65 | −₹2.15 | −₹2.15 | −₹1.15 | ₹0.08 | ₹0.21 | ||
| ₹1.46 | ₹0.75 | −₹1.56 | −₹2.99 | −₹3.28 | −₹3.61 | −₹1.65 | −₹2.15 | −₹2.15 | −₹1.15 | ₹0.08 | ₹0.21 | ||
Other comprehensive income — detail | |||||||||||||
| 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | — | — | — | — | — | ||
| — | — | 0.0 | — | — | — | — | — | — | — | 0.0 | — | ||
| 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | −0.0 | — | — | — | — | — | ||
| — | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
Per share — as-filed variants | |||||||||||||
| ₹1.46 | ₹0.75 | −₹1.56 | −₹2.99 | −₹3.28 | −₹3.61 | −₹1.65 | −₹2.15 | −₹2.15 | −₹1.15 | ₹0.08 | ₹0.21 | ||
| ₹1.46 | ₹0.75 | −₹1.56 | −₹2.99 | −₹3.28 | −₹3.61 | −₹1.65 | −₹2.15 | −₹2.15 | −₹1.15 | ₹0.08 | ₹0.21 | ||
Regulatory disclosures — filed alongside, not part of the P&L | |||||||||||||
| −6.3 | — | 3,74,763 | — | 3,46,464 | — | 12.8 | — | — | — | — | — | ||
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||||||||||
| 48.3 | 49.1 | 37.9 | 23.9 | 17.2 | 22.8 | 25.4 | 17.5 | 19.8 | 17.3 | 28.9 | 24.3 | ||
| 41.1% | 39.8% | 35.9% | 31.1% | 30.4% | 24.1% | 27.3% | 27.9% | 30.5% | 30.0% | 38.4% | 39.6% | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| 3.1 | 1.8 | 0.5 | −7.4 | −7.6 | −8.7 | −4.3 | −5.2 | −4.9 | −2.8 | 0.4 | 0.5 | ||
| 2.5 | 1.3 | −2.7 | −5.1 | −5.6 | −6.2 | −2.8 | −3.7 | −3.7 | −2.0 | 0.1 | 0.4 | ||
| ₹1.46 | ₹0.75 | −₹1.56 | −₹2.99 | −₹3.28 | −₹3.61 | −₹1.65 | −₹2.15 | −₹2.15 | −₹1.15 | ₹0.08 | ₹0.21 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 61.4 | 75.2 | 57.5 | 64.7 | 62.6 | 93.0 | 94.3 | 56.4 | 76.8 | 105.8 | 123.4 | 117.7 | |
| Other Income | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.1 | |
| Total Income | 61.5 | 75.4 | 57.7 | 64.8 | 62.8 | 93.2 | 94.4 | 56.5 | 76.9 | 106.2 | 123.5 | 117.8 | |
| Expenses | |||||||||||||
| + Cost of Materials Consumed | 46.2 | 52.3 | 35.8 | 46.0 | 42.4 | 61.7 | 70.4 | 39.8 | 52.0 | 68.0 | 73.3 | 69.1 | |
| + Changes in Inventories | -9.1 | -6.0 | 4.4 | -1.1 | 2.8 | 6.0 | 1.2 | -0.6 | 0.9 | -0.1 | 1.0 | 0.3 | |
| + Employee Benefit Expense | 2.2 | 2.4 | 2.4 | 2.5 | 2.6 | 2.9 | 3.0 | 2.9 | 3.2 | 3.0 | 3.2 | 3.3 | |
| + Finance Costs | 2.6 | 3.1 | 2.4 | 2.7 | 2.8 | 3.5 | 2.5 | 3.1 | 2.9 | 2.8 | 2.6 | 2.3 | |
| + Depreciation & Amortisation | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.5 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | |
| + Other Expenses | 17.9 | 21.9 | 14.1 | 18.3 | 16.1 | 21.9 | 24.7 | 17.5 | 23.9 | 30.7 | 40.2 | 38.4 | |
| Total Expenses | 61.0 | 74.9 | 60.5 | 69.7 | 67.9 | 97.5 | 103.1 | 64.1 | 84.3 | 105.7 | 121.7 | 114.7 | |
| EBITDA | 4.2 | 4.6 | 0.8 | -1.1 | -1.2 | 0.5 | -4.9 | -3.2 | -3.2 | 4.2 | 5.7 | 6.7 | |
| EBIT | 2.9 | 3.4 | -0.5 | -2.3 | -2.5 | -0.9 | -6.2 | -4.6 | -4.6 | 2.9 | 4.3 | 5.3 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | 0.5 | 0.4 | -2.8 | -4.9 | -5.2 | -4.3 | -8.7 | -7.6 | -7.4 | 0.5 | 1.8 | 3.1 | |
| Pretax Income | 0.5 | 0.4 | -2.8 | -4.9 | -5.2 | -4.3 | -8.7 | -7.6 | -7.4 | 0.5 | 1.8 | 3.1 | |
| + Deferred Tax | 0.1 | 0.3 | -0.8 | -1.2 | -1.5 | -1.4 | -2.5 | -2.0 | -2.3 | 3.2 | 0.6 | 0.6 | |
| Tax Expense | 0.1 | 0.3 | -0.8 | -1.2 | -1.5 | -1.4 | -2.5 | -2.0 | -2.3 | 3.2 | 0.6 | 0.6 | |
| Net Income | 0.4 | 0.1 | -2.0 | -3.7 | -3.7 | -2.8 | -6.2 | -5.6 | -5.1 | -2.7 | 1.3 | 2.5 | |
| + Net Income — Continuing Ops | 0.4 | 0.1 | -2.0 | -3.7 | -3.7 | -2.8 | -6.2 | -5.6 | -5.1 | -2.7 | 1.3 | 2.5 | |
| + Other Comprehensive Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Total Comprehensive Income | 0.4 | 0.1 | -2.0 | -3.7 | -3.7 | -2.8 | -6.2 | -5.6 | -5.1 | -2.7 | 1.3 | 2.5 | |
| Per Share | |||||||||||||
| Basic EPS | 0.21 | 0.08 | -1.15 | -2.15 | -2.15 | -1.65 | -3.61 | -3.28 | -2.99 | -1.56 | 0.75 | 1.46 | |
| Diluted EPS | 0.21 | 0.08 | -1.15 | -2.15 | -2.15 | -1.65 | -3.61 | -3.28 | -2.99 | -1.56 | 0.75 | 1.46 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Items NOT to be Reclassified to P&L | — | 0.0 | — | — | — | — | — | — | — | 0.0 | — | — | |
| + Tax on Items NOT to be Reclassified | — | — | — | — | — | -0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Tax on Items NOT to be Reclassified — alt tag | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | 0.21 | 0.08 | -1.15 | -2.15 | -2.15 | -1.65 | -3.61 | -3.28 | -2.99 | -1.56 | 0.75 | 1.46 | |
| Diluted EPS — Continuing Operations | 0.21 | 0.08 | -1.15 | -2.15 | -2.15 | -1.65 | -3.61 | -3.28 | -2.99 | -1.56 | 0.75 | 1.46 | |
| Regulatory Disclosures — filed alongside, not part of the P&L | |||||||||||||
| Related-party Transactions — During the Period | — | — | — | — | — | 12.8 | — | 3,46,464.1 | — | 3,74,763.4 | — | -6.3 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||||||||
| Gross Profit | 24.3 | 28.9 | 17.3 | 19.8 | 17.5 | 25.4 | 22.8 | 17.2 | 23.9 | 37.9 | 49.1 | 48.3 | |
| Gross Margin % | 39.61 | 38.40 | 30.04 | 30.54 | 27.88 | 27.27 | 24.13 | 30.45 | 31.12 | 35.87 | 39.81 | 41.05 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | 0.5 | 0.4 | -2.8 | -4.9 | -5.2 | -4.3 | -8.7 | -7.6 | -7.4 | 0.5 | 1.8 | 3.1 | |
| Net Income Adj (tax-effected) | 0.4 | 0.1 | -2.0 | -3.7 | -3.7 | -2.8 | -6.2 | -5.6 | -5.1 | -2.7 | 1.3 | 2.5 | |
| EPS Adj | 0.21 | 0.08 | -1.15 | -2.15 | -2.15 | -1.65 | -3.61 | -3.28 | -2.99 | -1.56 | 0.75 | 1.46 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | |
| Paid Up Equity Capital | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | 17.1 | |
Filed with NSE on Friday, 30 October 2026 at 5:35 pm IST
Malu Paper Mills (NSE: MALUPAPER) reported its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026 at 5:35 pm IST. Consolidated net profit was ₹2.5 crore, against a loss of ₹5.6 crore in Q2 FY26 and up 95.2% from ₹1.3 crore in Q1 FY27. Revenue from operations was ₹118 crore, up 108.7% year on year and down 4.6% from the previous quarter.
Consolidated net profit was ₹2.5 crore, against a loss of ₹5.6 crore in Q2 FY26 and up 95.2% from ₹1.3 crore in Q1 FY27.
Malu Paper Mills' net profit margin was 2.1% in Q2 FY27 (net profit as a share of revenue from operations), against −9.9% in Q2 FY26 (up 12.0 percentage points). For FY26 as a whole it was −5.9%.
Consolidated net profit was a loss of ₹19.5 crore in FY26 (April 2025–March 2026), wider than the loss of ₹12.1 crore in FY25. It was a profit of ₹90 lakh in FY24 and a loss of ₹10.5 crore in FY23.
Revenue from operations was ₹118 crore, up 108.7% year on year and down 4.6% from the previous quarter.
Basic earnings per share were ₹1.46.
Revenue from operations was ₹333 crore in FY26 (April 2025–March 2026), up 19.9% from ₹278 crore in FY25. It was ₹274 crore in FY24 and ₹234 crore in FY23: up 42.5% over three years, 12.5% a year on average.
A net profit of ₹2.5 crore, against a loss of ₹5.6 crore in Q2 FY26. Revenue was up 108.7% at ₹118 crore. The operating margin was 4.5%, up 12.7 percentage points from −8.2% a year earlier. Against Q1 FY27, net profit was up 95.2% and revenue down 4.6%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹5.3 crore, a margin of 4.5%, against 3.5% in Q1 FY27 and −8.2% in Q2 FY26. EBITDA was ₹6.7 crore, 5.7% of revenue.
Consolidated net profit for the first half of FY27 (April–September 2026) was ₹3.8 crore, against a loss of ₹11.7 crore in the same months a year earlier. Revenue from operations was ₹241 crore, up 60.0%.
Net profit by quarter: a loss of ₹5.1 crore in Q3 FY26, a loss of ₹2.7 crore in Q4 FY26, a profit of ₹1.3 crore in Q1 FY27 and a profit of ₹2.5 crore in Q2 FY27. That is a combined loss of ₹4 crore over the four quarters. Revenue from operations: ₹76.8 crore, ₹106 crore, ₹123 crore and ₹118 crore.
On Friday, 30 October 2026 at 5:35 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 12 November 2025.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
From Malu Paper Mills' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 30 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.