South India Paper Mills Stock Soars over 20% After Strong Q2 Recovery
By Shishta Dutta | Published at: Oct 24, 2025 11:32 AM IST
Bengaluru, October 24, 2025: The share price of South India Paper Mills Ltd (BSE: 516108) increased by 19.99% to ₹94.26 in early Friday trade, after the company announced strong September quarter results. The turnaround in the quarterly results boosted positive investor sentiments.
South India Paper Mills Ltd is a publicly listed manufacturer that specialises in paper-based packaging materials. The company is headquartered in Nanjangud, Karnataka, India, and is trading under the ticker 516108 on BSE The company serves the forestry, paper & wood products industry and is active in the packaging segment. Its operations include production facilities located at Chikkayana Chatra, Nanjangud, and a corporate office in Bangalore.
Market Snapshot
As of October 24, 2025, 10:55 am, shares of South India Paper Mills Ltd were trading at ₹91.15, up by 16.04%, or ₹12.60. The shares of the company have had a decent trading pattern so far, with total traded volume and traded value standing at 2.35 lakh shares and ₹2.11 crore, respectively. The total market cap for the company stood at ₹170.91 crore.
Q2 FY26 Performance Boosts Sentiment
The company returned to profitability in Q2 FY26, posting a net profit of ₹2.8 crore compared with a loss of ₹1.21 crore in Q2 FY25. Revenue also rose sharply, climbing 9.6% year-on-year from ₹101.8 crore to ₹111.6 crore, driven by better pricing and higher capacity utilisation.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/c3ab3bbd-1018-4e4d-98b8-25bf40bb233d.pdf
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