Satia Industries Records INR 3,111 Mn Revenues in Q2FY26 Amidst Market Challenges

Satia Industries Limited, a leading writing and printing paper manufacturer in India, announced its results for the second quarter ended September 30, 2025. The company recorded INR 3,111 Mn in revenues, a 9% year-on-year decline compared to INR 3,401 Mn in Q2FY25. The decline was primarily due to reduced paper realizations caused by soft market conditions and increased import competition. Gross margins compressed from 52.1% in Q2FY25 to 44.9% in Q2FY26. The company reported a net loss of INR 245 Mn in Q2FY26, a significant drop from the profit of INR 123 Mn in Q2FY25. The company's management remains optimistic, citing positive indicators such as easing wood prices and better raw material availability in the coming months.