Introduction:
Leading paper manufacturer reported strong financial performance in Q3, with net profit rising 128.75% YoY. Revenue grew 5.90% YoY, while total income saw a 6.17% increase. Despite a 6.79% QoQ decline in profit, overall business momentum remained positive.
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Share price movement of Ruchira Papers:
On February 13, 2025, Ruchira Papers Ltd opened at ₹115.85, up 2.03% from its previous close of ₹113.55. The stock hit a high of ₹129.00 (13.62%) and a low of ₹107.00. By 3:31 PM, it traded at ₹125.15, rising 10.22%, with a market cap of ₹373.51 crore.
Ruchira Papers Reports Strong Q3 Growth:
Ruchira Papers Limited has reported a strong Q3 performance with a net profit of ₹16.47 crore, reflecting a 128.75% YoY rise from ₹7.20 crore. However, on a QoQ basis, net profit saw a decline of 6.79% from ₹17.67 crore.
Revenue from operations stood at ₹167.87 crore, marking a 5.90% YoY increase from ₹158.51 crore and a marginal 1.47% QoQ rise from ₹165.44 crore. This growth highlights the company’s consistent expansion and ability to sustain demand in the paper industry.
Total income reached ₹169.45 crore, up 6.17% YoY from ₹159.59 crore and rising 2.39% QoQ from ₹165.50 crore. The company’s financials reflect steady revenue growth, though the decline in net profit QoQ indicates margin pressures.
Stock performance of Ruchira Papers for Period of 1 week, 6 months and 1 year:
Ruchira Papers Limited has shown a 1.46% gain over the past week but declined 11.9% in six months and 6.51% over the year. The stock’s performance reflects market fluctuations amid evolving industry dynamics and operational challenges.
Shareholding pattern of Ruchira Papers:
| Dec 2024 | Sep 2024 | Jun 2024 | |
| Promoter | 68.70% | 68.70% | 68.70% |
| FII | 1.00% | 1.00% | 0.90% |
| DII | 0% | 0% | 0% |
| Public | 30.40% | 30.30% | 30.50% |
About Ruchira Papers:
Ruchira Papers Ltd (NSE: RUCHIRA), incorporated in 1980, specializes in manufacturing Kraft Paper and Writing & Printing Paper. The company produces various grades of paper used in writing, high-volume printing, and packaging, catering to diverse industrial and commercial needs.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
