Tamil Nadu Newsprint and Papers Ltd on Friday reported a net profit of ₹240 crore for the fourth quarter ended March 2026 (Q4 FY26) as against a profit of ₹22 crore in the same quarter last year on the back of reversal of deferred tax liability (net) due to opting for the new tax regime.
Revenue from operations for the quarter stood at ₹1,271 crore as against ₹1,336 crore in the corresponding quarter of the previous year.
Both the quarterly and full-year profit were up due to the restatement of deferred tax liability, which was to the tune of ₹219 crore for the year.
For the full financial year, net profit is ₹248 crore as against a profit of ₹4 crore in the previous year. The company reported full-year revenue of ₹4,645 crore for the year ended March 31, 2026 as against ₹4,491 crore in the previous year.
“The Paper & Board market remained volatile throughout the year with challenging market conditions due to various factors including cheaper imports from ASEAN countries impacting sales realisation and profitability,” the company said in a statement. It is focusing on increasing the market share of higher realisation products and on new premium products, it added.
Paper production for FY26 stood at 434,294 MT against 425,166 MT in the previous year and Board production is 200,075 MT against 189,406 MT in the previous year. The company achieved its highest-ever production and sale of Paper and Board since inception.
The Board of Directors recommended a dividend of ₹4 per share on the face value of ₹10 for FY26.
The shares of TNPL closed the trading day at ₹140.05, down 1.62 per cent on the BSE.