Orient Paper Q2 FY27: Revenue Rs 183.14 cr, net loss narrows YoY

What the numbers show

• Net margin was -15.70% of revenue, down 37 bps from -15.32%.
• Revenue fell 8.3% while total expenses fell 9.4%.

• Basis: Standalone statement of unaudited financial results for the quarter ended 30-09-2026, as per the statement of financial results.

• Revenue from operations (quarter ended 30-09-2026): Rs 183.14 cr, vs Rs 199.75 cr in the corresponding quarter ended 30-09-2025.

• Other income (quarter ended 30-09-2026): Rs 6.55 cr, vs Rs 9.69 cr a year earlier.

• Total income (quarter ended 30-09-2026): Rs 189.69 cr, vs Rs 209.45 cr in the quarter ended 30-09-2025.

• Cost of materials consumed (quarter ended 30-09-2026): Rs 71.77 cr, vs Rs 100.03 cr a year earlier.

• Changes in inventories of finished goods and work-in-progress (quarter ended 30-09-2026): Rs 7.93 cr, vs Rs (3.42) cr in the quarter ended 30-09-2025.

• Employee benefits expenses (quarter ended 30-09-2026): Rs 26.79 cr, vs Rs 24.78 cr a year earlier.

• Finance costs (quarter ended 30-09-2026): Rs 6.96 cr, vs Rs 5.66 cr in the quarter ended 30-09-2025.

• Depreciation and amortisation expenses (quarter ended 30-09-2026): Rs 14.87 cr, vs Rs 14.09 cr a year earlier.

• Other expenses (quarter ended 30-09-2026): Rs 64.40 cr, vs Rs 59.68 cr in the quarter ended 30-09-2025.

• Total expenses (quarter ended 30-09-2026): Rs 228.20 cr, vs Rs 251.86 cr in the quarter ended 30-09-2025.

• Loss before tax (quarter ended 30-09-2026): Rs (38.51) cr, vs Rs (42.41) cr in the quarter ended 30-09-2025.

• Tax expenses – Deferred tax (quarter ended 30-09-2026): Rs (9.75) cr, vs Rs (11.81) cr a year earlier; total tax for both periods is the same as deferred tax.

• Net Profit / (Loss) for the period (quarter ended 30-09-2026): Rs (28.75) cr, vs Rs (30.60) cr in the quarter ended 30-09-2025.

• Earnings per equity share of face value Re.1/- each – Basic and diluted (quarter ended 30-09-2026): Rs (1.35), vs Rs (1.44) in the quarter ended 30-09-2025.

For the quarter ended 30-09-2026, Orient Paper & Industries Ltd reported revenue from operations of Rs 183.14 cr, lower than the Rs 199.75 cr recorded in the corresponding quarter ended 30-09-2025, as per the statement of financial results. Total income stood at Rs 189.69 cr against Rs 209.45 cr a year earlier, with other income at Rs 6.55 cr compared with Rs 9.69 cr.

On the cost side, total expenses declined to Rs 228.20 cr from Rs 251.86 cr in the same quarter last year. Cost of materials consumed reduced to Rs 71.77 cr from Rs 100.03 cr, while changes in inventories of finished goods and work-in-progress moved to Rs 7.93 cr from Rs (3.42) cr. Employee benefits expenses increased to Rs 26.79 cr from Rs 24.78 cr, finance costs rose to Rs 6.96 cr from Rs 5.66 cr, and depreciation and amortisation expenses increased to Rs 14.87 cr from Rs 14.09 cr. Other expenses were Rs 64.40 cr versus Rs 59.68 cr a year earlier.

Loss before tax for the quarter was Rs (38.51) cr, compared with Rs (42.41) cr in the corresponding quarter ended 30-09-2025. After deferred tax credit of Rs (9.75) cr versus Rs (11.81) cr a year ago, the company reported a net loss of Rs (28.75) cr, slightly lower than the net loss of Rs (30.60) cr in the prior-year quarter. Basic and diluted earnings per share for the quarter were Rs (1.35), compared with Rs (1.44) in the quarter ended 30-09-2025, based on a paid-up equity share capital of Rs 21.22 cr (face value Re.1/- per share) in both periods.