NR Agarwal Industries Commissions Largest Paperboard Unit Amid Downtrend, Eyes Second Unit

NR Agarwal Industries Ltd commissioned its largest paperboard manufacturing unit in March 2024, reporting a profit in FY 2024-25 despite declining realizations and rising input costs. The company's EBITDA margin remained in line with industry peers. Despite the challenging market, the company is considering investing in a second large paperboard manufacturing unit to deepen its competitive advantage and increase revenues when the sector recovers.