Tamil Nadu Newsprint and Papers Reports Q2 Results; Thiru Prince Tholkappian Appointed Chief Risk Officer
Tamil Nadu Newsprint and Papers Limited announced its unaudited financial results for the quarter ending June 30, 2026. The company saw a turnaround in profitability for the quarter, achieving a net profit despite pressures from rising input costs. Concurrently, the Board meeting held on August 12, 2026, approved the appointment of Thiru Prince Tholkappian as Chief Risk Officer (CRO).The Q2 results reflect operational trends and market factors impacting material pricing. The company managed to turn around a loss into profit for the quarter, following a challenging period in the previous year's corresponding quarter.
Financial Performance Snapshot
For the quarter ended June 30, 2026, the company recorded total revenue of Rs. 1146.64 Crore and total income of Rs. 1160.38 Crore. The Profit Before Tax (PBT) stood at Rs. 7.68 Crore. Following tax expenses, the profit after tax for the quarter was reported at Rs. 5.74 Crore, compared to a loss after tax of Rs. 7.41 Crore in the corresponding quarter of the previous year.Key financial data comparing the current quarter against the prior year's comparable period is provided below:
| Metric | Q2 Ended June 30, 2026 (Unaudited) | Q2 Ended June 30, 2025 (Unaudited) |
|---|---|---|
| Revenue from Operations | Rs. 1146.64 Crore | Rs. 1142.10 Crore |
| Profit Before Tax | Rs. 7.68 Crore | (Rs. 11.82) Crore |
| Profit After Tax | Rs. 5.74 Crore | (Rs. 7.41) Crore |
Segment Revenue and Results
The company's operations are segmented into Paper & Paper board and Energy. The performance across these segments showed a mix of robust results in the paper segment, balanced by losses in the energy division.The following table details the segmental results for the quarter ended June 30, 2026:
| Segment | Revenue (in Crore) | Results Before Tax & Interest (in Crore) |
|---|---|---|
| Paper & Paper board | 1143.66 | 31.76 |
| Energy | 158.23 | (0.39) |
| Total | 1301.89 | 31.37 |
Appointment of Chief Risk Officer
The Board meeting held on August 12, 2026, approved the appointment of Thiru Prince Tholkappian as the Chief Risk Officer (CRO). Mr. Tholkappian will hold this role in addition to his existing responsibilities as Chief General Manager (Production and Project Co-ordination).Mr. Tholkappian has 37 years of experience in the paper industry, holding roles related to maintenance, production, and projects. He is described as having no inter se relationship with any other Directors of the Company, nor does he hold any shares in TNPL. The appointment was made based on the recommendation of the Risk Management Committee.
The Board meeting commenced at 11:30 A.M. and concluded at 5.45 P.M.
TNPL Stock Price Movement
On Wednesday, shares of Tamil Nadu Newsprint & Papers Limited edged higher, closing at ₹154.50 after gaining 0.96% on the day. The stock traded within a tight range, touching a low of ₹152 and a high of ₹161, with a total volume of 636,200 shares recorded in trade.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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