West Coast Paper Mills profit drops 54% as dividend is slashed
Annual results show a sharp decline in consolidated profit to ₹155.73 crore, prompting the board to cut the dividend payout.
— 1 earlier story on West Coast Paper Mills Ltd. →What's new
- Consolidated PAT fell 54% to ₹155.73 crore for FY26.
- The board recommended a dividend cut from ₹5 to ₹3 per share.
- Andhra Paper's Kadiyam plant is under lockout following an illegal strike.
Why this matters
The sharp decline in profitability and the resulting dividend cut signal a difficult year. The operational disruption at the Kadiyam plant adds uncertainty to near-term performance.
What we're watching
- The duration of the lockout at the Kadiyam plant.
- Management commentary on the factors behind the 54% profit drop.
- Whether the dividend cut signals a more conservative capital allocation policy.
The full read
West Coast Paper Mills reported a difficult FY26, with consolidated profit after tax falling 54% to ₹155.73 crore. Reflecting the weaker bottom line, the board recommended a dividend of ₹3 per share, a reduction from the ₹5 per share distributed previously.
Beyond the financial results, the company disclosed an operational setback at Andhra Paper. The Kadiyam plant is currently under lockout following an illegal strike.
This is a routine periodic disclosure. The combination of lower earnings and a reduced dividend payout shows the current pressure on the business. The lockout at the Kadiyam facility remains a specific, immediate challenge for the company to resolve.
Questions answered
- How did the company's profitability change in FY26?
- Consolidated profit after tax dropped 54% to ₹155.73 crore compared to the previous year.
- What is the status of the dividend payout?
- The board recommended a dividend of ₹3 per share, down from the ₹5 per share paid previously.
- What is happening at the Kadiyam plant?
- The plant, operated by Andhra Paper, is currently under lockout due to an illegal strike.
Story so far
All notes on WSTCSTPAPR →- 27 May 2026 · 3:18 PM IST West Coast Paper Mills profit drops 54% as dividend is slashed
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