JK Paper recorded a net profit of Rs 15.86 crore for the quarter ended March 31, an increase of 33 per cent against the corresponding quarter of the previous fiscal.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The company had a net profit of Rs 11.86 crore in the corresponding quarter, according to a company statement.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>The gross sales of the company stood at Rs 271.94 crore for the quarter, an increase of 18 per cent over the same quarter of the previous fiscal.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>The gross sales of the company stood at Rs 230.12 crore in the corresponding quarter.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <BR>Speaking on the results, JK Paper Managing Director Harsh Pati Singhania said: "Sales of the company's branded products, including copier paper, increased by 21 per cent in volume terms on an annualised basis.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>"JK Papers multi-layered packaging board which was introduced in the market during the year, gained ready acceptance and the plant is expected to reach full capacity utilisation during the current year".&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>JK Papers portfolio of products includes brands such as JK Cote, JK Excel Bond and JK SHB Maplitho.</P></p><p class='TableClas'></p></table>


JK Paper net up 33% to Rs 15.8 cr

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