Seshasayee Paper profit plunges 55% on export decline

Seshasayee Paper and Boards Limited reported net profit of INR 17.06 crores for Q1 2025, down 55% from INR 38.34 crores a year earlier. Revenue declined to INR 385.33 crores from INR 422.16 crores.

The company attributed lower profits to reduced paper prices, a 35.4% drop in export sales volumes, and higher wood costs.

The board approved a INR 405 crores project to expand pulp and paper capacity at its Erode unit, pending environmental clearance.