Interim report
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ZZS:BM:656:Share:07 November 12, 2025 To: To: BSE Limited Corporate Services Floor 25, P.J.Towers, Dalal Street MUMBAI – 400 001 Scrip Code: 500444 Scrip Code : WSTCSTPAPR Dear Sirs, ANNOUNCING OF Q2 RESULTS Pursuant to Regulation 30 & 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are declaring herewith Un-audited Financial Results (Standalone & Consolidated) of the Company along with Limited Review and press release, for the quarter & half year ended on September 30, 2025, in the prescribed format. The meeting of the Board of Directors of the Company commenced at 11.30 A.M and concluded at 1:00 P.M. Simultaneous action is being taken to have the Un-audited Financial Results (Standalone & Consolidated) published in the newspapers with QR Code and made available on the Company’s website at: www.westcoastpaper.com. Thanking you, Yours faithfully, For WEST COAST PAPER MILLS LIMITED BRAJMOHAN PRASAD COMPANY SECRETARY M. No: F7492 Encl: a/a National Stock Exchange of India Ltd. Listing Department Exchange Plaza Bandra-Kurla Complex, Bandra [East] MUMBAI-400 051
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Independent Auditor’s Review Report on the Quarterly and Year to date Unaudited Standalone Financial Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of West Coast Paper Mills Limited 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of West Coast Paper Mills Limited (“the Company”) for the quarter ended September 2025 and year to date from April 01. 2025 to September 30, 2025 (“the Statement”) attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement which is the responsibility of the Company’s Management and has been approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited standalone financial results prepared in accordance with the applicable Indian Accounting Standards (‘IND AS’) prescribed under section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, including the manner in which it is to be disclosed, or that it contains any material mis-statement. For Singhi & Co. Chartered Accountants Firm Regn. No. 302049E Place: Mumbai Sudesh Choraria Date: November 12, 2025 (Partner) Membership No. 204936 UDIN: 25204936BMIPGZ6218
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APez 0 CANDELI rr- e/ * WEST COAST PAPER MILLS LIMITED Your partner in progress.... (an ISO 9001 /15014001 / ISO 45001 Certified Company) REGD. OFFICE: BANGUR NAGAR, DANDELI - 581 325 DISTT. UTTAR KANNADA (KARNATAKA) CIN: L02101KA1955PLC001936, Ph: (08284) 231391 - 395 (5 Lines) GSTIN : 29AAACT4179N1ZO Email: co.sec4westcoastpapercorn, 'A/ebsite : www.westcoastpaper corn UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER / HALF YEAR ENDED SEPTEMBER 30, 2025 ( r. in Iakhs) SI. No. Particulars STANDALONE Quarter ended Half Year ended Year ended 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 Unaudited Unaudited Unaudited Audited 1 Income a) Revenue from operations 64,452.52 55,586.25 60,935.60 1,20,038.77 1,25,117.04 2,51,134.50 b) Other income 2,728.37 1,787.25 5,317.41 4,515.62 7,006.11 14,997.73 Total Income 67,180.89 57,373.50 66,253.01 1,24,554.39 1,32,123.15 2,66,132.23 2 Expenses a) Cost of materials consumed 38,523.48 40.064.78 40,640.75 78,588.26 77,589.11 1,55,014.14 b) Purchases of stock-in-trade 45.18 2.01 45.18 2.01 18.09 C) Changes in inventories of finished goods, stock-in-trade and work-in- progress 2,210.9g (7,673.57) (5,248.81) (5,462.58) (8,193.23) (4,218.24) d) Employee benefits expense 5,669.93 5,698.35 5,772.01 11,368.28 11,432.09 22,803.38 e) Finance costs 547.75 512 24 446.47 1,059.99 910.75 2,010.30 f) g) Depreciation and amortization expense Other expenses 3,283.85 2,992.17 2,749.18 6,276.02 5,381.18 11,277.62 - Power, fuel and water 5,671.00 5,148.05 5,519.54 10,819.05 10,409.52 19,966.08 - Other expenses 5,359.52 4,647.38 5,262.91 10,006.89 10,776.10 22,579.23 Total Expenses 61,266.51 51,434.58 55,144.06 1,12,701.09 1,08,307.53 2,29,450.60 3 Profit / (Loss) before exceptional items and tax (PBT) 5,914.38 5,938.92 11,108.95 11,853.30 23,815.62 36,681.63 4 Exceptional items 5 Profit/(Loss) from ordinary activities before tax (3-4) 5,914.38 5,938.92 11,108.95 11,853.30 23,815.62 36,681.63 6 Tax expense a) Current tax 1,418.64 1,759.43 1,746.79 3,178,07 5,126.16 8,729.91 b) Less: MAT credit (entitlement) / reversal - c) Deferred tax (5.82) 74.83 163.70 69.01 179.78 (518.94) Total tax expenses 1,412.82 1,834.26 1,910.49 3,247.08 5,305.94 8,210.97 7 Net Profit/(Loss) from ordinary activities after tax (5-6) 4,501.56 4,104.66 9,198.46 8,606.22 18,509.68 28,470.66 8 Other Comprehensive Income(OCI) Item that will not be reclassified to profit or loss a) Remeasurement of employees benefit obligations 180.44 (65.83) 350.64 114.61 214.81 (93.02) b) Remeasurement of equity instruments (304.19) 769.61 559.92 465.42 1,761.60 (737.83) c) Income tax on above. 4.24 (89.05) (239.02) (84.81) (331.55) 261.12 9 Total Other Comprehensive Income (119.51) 614.73 671.54 495.22 1,644.86 (569.73) 10 Total Comprehensive Income/(Loss) for the period (7+9) 4,382.05 4,719.39 9,870.00 9,101.44 20,154.54 27,900.93 11 Paid up equity share capital (Face value 2/- per share) 1,320.98 1,320.98 1,320.98 1,320.98 1,320.98 1,320.98 12 Other equity - - - 2,69,160.58 13 Earnings per share ( Basic / Diluted ) (Face value ? 2/- per share) - EPS for the quarters are not annualised 6.82 6.21 13.93 13.03 28.02 43.11
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UNAUDITED STANDALONE SEGMENT-WISE REVENUE, RESULTS, SEGMENT ASSETS S LIABILITIES FOR THE QUARTER / HALF YEAR ENDED SEMPTEMBER 30, 2025 It. in lakhs SI. No. Particulars STANDALONE Quarter ended Half Year ended Year ended 30.09.2025 30.06.2025 1 30.09.2024 30.09.2025 30.09.2024 31.03.2025 Unaudited Unaudited Audited 1 Segment Revenue • (a) Paper and Paper Board 58,233.45 48.725 30 54,412.25 1,06,958.76 1.13.337.87 2,25,842.25 (b) Telecommunication Cables 6,217.92 6,857.81 6,510.25 13.075.73 11,761.08 25,274.18 (c) Others 1.14 3.14 13.10 4.28 18.09 18.07 Total 64,452.52 55,586.25 60,935.60 1,20,038.77 1,25,117.04 2,51,134.50 2 Segment Results Profit(*)/Loss(-) before tax and Interest from each segment (a) Paper and Paper Board 4,340.01 5,219.23 6,847.25 9,559.24 19,346.82 30,696.03 (b) Telecommunication Cables 52.30 39.31 311.50 91.61 520.64 1,475.42 (c) Others (2.41) (10.33) 4.44 (12.74) (1.14) (12.58) Total 4,389.90 5,248.21 7,163.19 9,638.11 19,866.32 32,158.87 Less: (a) Finance Costs 547.75 512.24 446.47 1,059.99 910.75 2,010.30 (b) Other unallocable expenditure/Income(+/-) (2,072.23) (1,202.95) (4,392.23) (3,275.18) (4,860.05) (6,533.06) (c) Exceptional Items - - - - Total Profit / (Loss) Before Tax 5,914.38 5,938.92 11,108.95 11,853.30 23,815.62 36,681.63 3 Segment Assets (a) Paper and Paper Board 3,11,623.44 3,15,670.96 3,05,436.97 3,11,623.44 3,05,436.97 3,05,041.60 (b) Telecommunication Cables 38,364.19 39,831.69 34,175.15 38,364.19 34,175.15 37,855.93 (c) Others 51.10 51.10 51.10 51.10 51.10 51.10 Total Segment Assets 3,50,038.73 3,55,553.75 3,39,663.22 3,50,038.73 3,39,663.22 3,42,948.63 4 Segment Liabilities (a) Paper and Paper Board 51,866.66 56,442.26 55,952.40 51,866.66 55,952.40 49.930.63 (b) Telecommunication Cables 21,854.38 23,872.53 20.794.68 21,854.38 20,794.68 22,536.44 (c) Others - - - - - - Total Segment Liabilities 73,721.04 80,314.79 76,747.08 73,721.04 76,747.08 72,467.07 5 Capital Employed (Segment Assets - Segment Liabilities) (a) Paper and Paper Board 2,59,756.77 2,59,228.70 2,49,484.57 2,59,756.77 2,49,484.57 2,55,110.97 (b) Telecommunication Cables 16,509.82 15,959.16 13,380.47 16,509.82 13,380.47 15,319.49 (c) Others 51.10 51.10 51.10 51.10 51.10 51.10 Total 2,76,317.65 2,75,238.96 2,62,916.14 2,76,317.69 2,62,916.14 2,70,481.56 • Inter Segment revenue for the Financial Year 2025-26 - Nil (Previous year - Nil). Notes 1 The above unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 12th Nov 2025. The statutory auditors have carrierd out the limited review of these results. 2 The figures for the previous periods have been regrouped / rearranged wherever necessary. Place : Dandeli Date : 12th November 2025 Fora ehalf of Board Rajendra Jain Executive Director (Whole-time Director)
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WEST COAST PAPER MILLS LIMITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2025 ( f. in lakhs) SI. Sep 30, 2025 Mar 31, 2025 No. (Unaudited) (Audited) A 1 a. b. c. d. e. f. g. h. I. 2 a. b. c c. c d. ASSETS Non-Current Assets Property, Plant and Equipment 75,772.14 Capital Work-in-Progress 3,378.23 Right of use assets 2,426.91 Intangible Assets 646.04 Intangible Assets under development Biological Assets other than bearer plants 788.87 Financial Assets i. Investment in Subsidiaries and Associates 93,142.54 ii. Other Investments iii. Loans iv. Other Financial Assets 23,595.60 659.45 Current Tax Assets (Net) Other Non-Current Assets 212.66 Total Non-Current Assets 2,00,622.44 Current Assets Inventories 43,824.61 Financial Assets : i. Investments 68,572.81 ii. Trade Receivables 24,941.60 iii. Cash and Cash Equivalents 635.55 iv. Other Bank Balances 266.80 v. Loans 2,625.86 vi. Other Financial Assets 1,695.02 Other Current Assets 6,854.04 Total Current Assets 1,49,416.29 Total Assets 3,50,038.73 EQUITY AND LIABILITIES Equity Equity Share Capital 1 320.98 Other Equity 2,74,996.71 Total Equity 2,76,317.69 Liabilities Non-Current Liabilities Financial Liabilities: i. Borrowings 7,114.54 ii. Lease Liabilities 1,808.73 iii. Other Financial Liabilities 5,620.97 Deferred Tax Liabilities (Net) 2,145.01 Other Non-Current Liabilities 9,260.48 Provisions 1,410.92 Total Non-Current Liabilities 27,360.65 Current Liabilities Financial Liabilities: i. Borrowings 8,396.00 ii. Lease Liabilities 739.52 Trade Payables a) Total outstanding dues of micro and small enterprises 2,807.43 b) Total outstanding dues of creditors other than micro and small enterprises 10,006.21 iv. Other Financial Liabilities 16,732.04 Other Current Liabilities 6,224.03 Provisions 1,067.28 Current Tax liabilitites (net) 387.88 Total Current Liabilities 46,360.39 Total Equity and Liabilities 3,50,038.73 B 1 a. b. 2 a. b. c. d. 3 a. 67,628 70 13,060 19 1,825.70 43.96 812.01 788.87 93,142.54 24,042.56 590.34 1,689.97 462 09 2,04,086.93 54,380 29 45,403.53 23,916.94 2,125 64 258.60 1,963.15 1,510.88 9,302.67 1,38,861.70 3,42,948.63 1,320.98 2,69,160.58 2,70,481.56 7,818.73 1,411 85 6,050.01 1,991.19 9,260.48 1,219.67 27,751.93 7,466.35 487,00 3,195.98 10,957 69 16,110.24 4,632.14 1,865.74 44,715.14 3,42,948.63 Place : Dandeli Date : 12th November 2025 For and 94) b alf of Board Rajendra Jain Executive Director (Whole-time Director)
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WEST COAST PAPER MILLS LIMITED STANDALONE CASH FLOW STATEMENT FOR THE HALF YEAR ENDED SEPTEMBER 30, 2025 ( ?. in laths) PARTICULARS Sept. 30, 2025 (Unaudited) Cash flow from Operating Activities Profit/(Loss) before Income Tax 11,853.30 Adjustments for: Depreciation and amortisation 6,276.02 Loss / (Gain) on sale / discard of Property, Plant and Equipment 41.50 Loss or (Gain) on Sale/Reinvestment of Investments (1.360.68) Dividend and interest income classified as investing cash flows (2,837.22) Rent receipt (90.46) Finance Costs 1,059.99 Government grant income (124.10) Provision for doubtful debts (36.47) Net exchange differences (12.58) Fair value adjustment in investment 2.39 Liabilities & provisions written back (66.68) Total 2,851.71 Operating profit before working capital changes 14,705.01 Adjustment for: (Increase) / decrease in trade receivables (988.20) (Increase) / decrease in inventories 10,555.68 (Increase) / decrease in other financial assets (37.37) (Increase) / decrease in other non-current assets 249.42 53.78 (Increase) / decrease in other current assets 2,448.64 Increase /(decrease)in trade liabilities (1,340.02) Increase / (decrease) in provisions (492.61) Increase /(decrease)in other financial liabilities 316.86 Increase / (decrease) in current liabilities 1,658.57 Increase /(decrease)in other Bank Balances (8.21) Total 12,362.77 Cash generated from Operations 27,067.77 Less: Income Tax paid (981.57) Net cash inflow / (outflow) from operating activities 26,086.20 Cash flow from Investing Activities Payments for property, plant and equipment (4,206.14) Purchase of intangible assets (80.31) Investment in subsidiary Proceeds from sale of property, plant and equipment Rent received 90.46 Interest received 1,001.10 Dividend income received 1,597.00 Bank deposits (69.10) Loan to subsidiary (623.54) Inter corporate deposits matured Purchase of Non-Current Investments (28.790.40) Purchase of Current Investments (23,108.70) Proceeds from sale of current Investments 30,972.16 Net Cash inflow / (outflow) from Investing Activities (23,217.49) Cash flow from Financing Activities Proceeds of Long Term Borrowings Repayment of Long Term Borrowings (704.19) Proceeds / (Repayment) of Short Term Borrowings (Net) 929.66 Interest and Finance charges (932.27) Dividend paid to company's shareholders (3,302.45) Repayment of Lease liabilities (349.56) Net cash inflow (outflow) from Financing Activities (4,358.81) Net increase or (decrease) in Cash and Cash Equivalents 1,490.10) Net increase or (decrease) in Cash and Cash Equivalents during the year (1,490.10) Cash and Cash Equivalents at the beginning of the period 2,125.64 Cash and Cash Equivalents at the end of the period 635.54 Sept. 30, 2024 (Unaudited) 23,815.62 5,381.18 27.16 (2,505.78) (4,050.13) (90.34) 915.44 (261.04) 49.17 (42.34) 0.71 33,020.56 (2.066,10) 30,954.46 (6,771.86) (155.35) (305.68) 90.34 1,415.48 3,028.12 (75.65) 686.61 (44,234.43) (17,160.49) 38,692.49 (24,790.42) (181.66) (795.20) (5,283.91) (318.08) (6,578.85) (414.81) (414.81) 1,240.91 826.10 (575.97) 23,239.65 (2,235.76) 5,269.35 48.60 (371.32) 2,080.87 (78.99) 3,591.15 1,449.69 (26.46) 9,780.91 Place : Dandeli Date : 12th November 2026 For and on behaf f Board Rajendra Jain Executive Director (Whole-time Director)
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Independent Auditor’s Review Report on Quarterly and Year to date Unaudited Consolidated Financial Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of West Coast Paper Mills Limited 1. We have reviewed the accompanying S tatement of Unaudited Consolidated Financial Results of West Coast Paper Mills Limited ( hereinafter referred to as “the Holding Company”) and its subsidiaries ( the Holding Company a nd its S ubsidiaries together referred to as “ the Group” ) for the quarter ended September 30, 2025 and year to date from April 1, 2025 to September 30,2025 (“the Statement”) attached herewith being submitted by the Holding Company pursuant to the requirement of R egulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Holding Company’s Management and has been approved by the Holding Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a conclusion on these financial results based on the review. 3. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following subsidiaries : i) West Coast Opticable Limited (“WOCL”) ii) Andhra Paper Limited (“APL”) iii) Wesco Defence Systems Limited iv) Uniply Decor Limited
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5. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We did not review the financial information of three subsidiary companies, included in the statement, whose financial information reflects total assets of Rs. 262270.20 lakhs as at September 30 2025, Revenue from operations of Rs. 39951.80 lakhs and Rs. 79954.76 lakhs, net profit after tax of Rs. (1740.32) lakhs and Rs. 391.52 lakhs, total comprehensive income after tax of Rs. (1993.98) lakhs and Rs. 794.64 lakhs for the quarter and half year ended September 30, 2025 respectively and net cash inflow Rs. 356.93 lakhs for the half year ended September 30, 2025 as considered in this statement . These financial information have been reviewed by other auditors whose reports have been fu rnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter. Place: Mumbai Date : November 12, 2025 For Singhi & Co. Chartered Accountants Firm Regn. No. 302049E Sudesh Choraria Partner Membership No.204936 UDIN: 25204936BMIPHA7130
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WEST COAST PAPER MILLS LIMITED Your partner In progress.... (an ISO 9001 / IS014001 / ISO 45001 Certified Company) REGD. OFFICE: BANGUR NAGAR. DANOELI - 581 325 DISTT UTTAR KANNADA (KARNATAKA) CIN. L02101KA1955PLC001936. Ph. (08284) 231391 - 395 (5 Lines) GSTIN : 29AAACT4179N1Z0 Email co.sec@westcoastpaper.com , Webstte WWw.westcoastpaper. corn UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER / HALF YEARLY ENDED SEPTEMBER 30, 2025 Rs in Lakhs SI. No. Particulars CONSOLIDATED Quarter ended Halt Yearly Year ended 30.09.2025 J 30.06.2025 I 30.09.2024 30.09.2025 I 30.09.2024 31.03.2025 Unaudited Unaudited Audited 1 Income a) Revenue from operations 1.04,302 22 95,464 61 1,04,481 92 1,99,766.83 2,00,515.48 4,06,229.42 b) Other income 2,254.46 4,466.18 5.432.21 6,720.64 9,628.30 21,050 79 Total Income 1,06,556.68 99,930.79 1,09,914.13 2,06,487.47 2,10,143.78 4,27,280.21 2 Expenses a) Cost of materials consumed 66.162 92 68,862.21 68.874 12 1.35.025.13 1,24,628.00 2.54.283 32 b) Purchases of stock-in-trade 2.98 45.18 2 01 48.16 2.01 18.43 c) Changes in inventories of finished goods, stock-in-trade and work-in- progress 2,147.31 (11,814.90) (7.371.46) (9,667 59) (11.23910) (9,109 41) cf) Employee benefits expense 10,358.34 10.242.83 10,326.04 20.599 17 20.066.27 40.302 52 e) Finance costs 98706 1,096.31 841.84 2,083 37 1,534.12 3,817 95 f) Depreciation and amortization expense 6.180 26 5.780.96 5.286 91 11.961 22 10,011 88 20.987 36 g) Other expenses - Power, fuel and water 8,657.48 8,521.57 9.221 25 17.179.05 16.976 32 33,226.07 - Other expenses 10,174 41 8,563.00 9.223 89 18.737.41 18.286.65 39,400.92 Total Expenses 1,04,668.76 91,297.16 96,404.60 1,95,965.92 1,80,286.15 3,82,927.16 3. Profit / (Loss) before exceptional items and tax (PBT) 1,887.92 8,633.63 13,509.53 10,521.55 29,857.63 44.353.05 4. Exceptional items - - - - 5. Profit/(Loss) from ordinary activities before tax (3-4) 1,887.92 8,633.63 13,509.53 10,521.55 29,857.63 44,353.05 6. Tax expense Current Tax 1,114 71 2,159.26 2,939 94 3.273 97 6,664 45 11,208 84 Less. MAT credit (entitlement) I reversal Deferred tax (417 40) 447 93 513 21 30.53 98531 (419.80) Total tax expenses 697.31 2,607.19 3,453.15 3,304.50 7,649.76 10,789.04 7. Net ProfiV(Loss) from ordinary activities after tax (5.6) 1,190.61 6,026.44 10,056.38 7,217.05 22,207.87 33,564.01 8 Other Comprehensive Income(OCI) Item that wit not be reclassified to profit or loss a) Remeasurement of employees benefit obligations 179.63 (65.83) 351 84 113.80 216.01 (90.39) b) Equity instruments through other Comprehensive income (599.22) 1.535.98 1.310 90 936 76 3,754.27 (1.180.08) 0 Income tax on above 4643 (198.64) (13.05) (152.21) (38968) 550 82 9. Total Other Comprehensive Income/(Loss) (373.16) 1,271.51 1,649.69 898.35 3,580.60 (719.65) 10 Total Comprehensive Income/(Loss) for the penod (7.8) 817.45 7,297.95 11,706.07 8,115.40 25,788.47 32,844.36 11 Net Profit/(Loss) attributable to : - Owners 1,748.83 5,439 48 8.910.76 7,188 31 20,295 68 31.114 52 • Non-controlling interests (558 22) 586.96 1,145 62 28 74 1,912.19 2,449.49 1,190.61 6,026.44 10,056.38 7,217.05 22,207.87 33,564.01 12 Other Comprehensive Income/(Loss) attributable to : - Owners (30350) 1.090.57 1,38179 787.07 3,047.55 (67811) - Non-controlling interests (69.66) 180.94 267.90 111 28 533.05 (41.54) (373.16) 1,271.51 1,649.69 898.35 3,580.60 (719.65) 13 Total Comprehensive Income/(Loss) attributable to : - Owners 1.445 33 6,530 05 10.292 55 7,975 38 23,343.23 30,436 41 - Non-controlling interests (627 88) 767.90 1413.52 140.02 2,445.24 2.407 95 817.45 7,297.95 11,706.07 8,115.40 25,788.47 32,844.36 14. Paid up equity share capital (Face value - Rs 2/. per share) 1.320 98 1,320 98 1.320,98 1.320.98 1,320.98 1.320.98 15 Other equity - - - • . 3.47.821.06 16 Earnings per share ( Basic / Diluted) (Face value Rs 2/- per share) EPS . for the quarters are not annualised 2 65 8 24 13 49 1088 30 73 47 11 pr
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UNAUDITED CONSOLIDATED SEGMENT-WISE REVENUE, RESULTS, SEGMENT ASSETS 8, LIABILITIES FOR THE QUARTER I HALF YEARLY ENDED SEPTEMBER 30, 2025 Rs. in Lakhs SI. No. Particulars CONSOLIDATED Quarter Ended Half Yearly Year ended 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 Unaudited Unaudited Audited 1 Segment Revenue (a) Paper and Paper Board 94,441 38 88,067.36 97,640 25 1.82508 74 1,88,154.57 3,79,966.35 (b) Telecommunication Cables 9,859.70 7,394 11 6.828 57 17,253 81 12,342.82 26.245.00 (c) Others 1.14 3.14 13.10 4.28 18.09 18 07 Total 1,04,302.22 95,464.61 1,04,481.92 1,99,766.83 200,515.48 4,06,229.42 2 Segment Results Profit(+)/Loss(-) before tax and Interest from each segment (a) Paper and Paper Board 413.40 8,528.70 9.681 03 8,942 10 25.990.26 40,270.91 (b) Telecommunication Cables 453.05 4533 317 39 498.38 602.18 1,540 75 (c) Others (63.70) (47.04) (39.28) (110.74) (60 74) (173 72) Total 802.75 8,526.99 9,959.14 9,329.74 26,531.70 41,637.94 Less (a) Finance Costs 987.06 1,096 31 841.84 2.083 37 1,534 12 3,817 95 (b) Other unallocable expenditurenncome(0.) (2,07223) (1,202.95) (4.392 23) (3.275 18) (4.860 05) (6,533.06) (c) Exceptional Items - - - - _ Total Profit) (Loss) Before Tax 1,887.92 8,633.63 13,509.53 10,521.55 29,857.63 44,353.05 3 Segment Assets (a) Paper and Paper Board 5,10,242.45 5,21.159.78 5.12.839.38 5,10,242 45 5,12,839.38 5.08.921.75 (b) Telecommunication Cables 43,908.92 42,135.70 35.203 03 43,908 92 35.203 03 38,989 19 (c) Others 3,408.53 3.336 70 3,267.53 3,408.53 3,267 53 3.316 52 Total Segment Assets 5,57,559.90 5,66,632.18 5,51,309.94 5,57,559.90 5,51,309.94 5,51,227.46 4 Segment Liabilities (a) Paper and Paper Board 1,20,147.78 1.26.597.59 1.29.118 24 1,20,147.78 1,29,11824 1,19.950.87 (b) Telecommunication Cables 26,333.02 25,870.83 21,946 17 26,333.02 21,946.17 24,369.38 (c) Others (239 94) (189.26) 103.39 (239.94) 103.39 (109.82) Total Segment Liabilities 1,46,240.86 1,52,279.16 1,51,167.80 1,46,240.86 1,51,167.80 1,44,210.43 5 Capital Employed (Segment Assets - Segment Liabilities) (a) Paper and Paper Board 3,90.094.68 3.94.562.20 3.83,721 14 3,90.094.68 3,83,721.14 3,88,970 88 (b) Telecommunication Cables 17,575.89 16.264 87 13.256 85 17,575.89 13,256.85 14,619 81 (c) Others 3,648.47 3,525 95 3,164.15 3,648.47 3,164.15 3,426.34 Total 4,11,319.04 4,14,353.02 4,00,142.14 4,11,319.04 4,00,142.14 4,07.017.03 Inter Segment revenue for the Current quarter of Financial Year 2025-26 - Nil (Previous year - N I) 1) The above unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 12th November, 2025. The statutory auditors have carved out the limited review of these results. 2) During the current quarter in one of the subsidiaries se. Andhra Paper Limited (APL), the Company's production and earnings were impacted due to planned annual outage for 14 days at the Rajahmundry manufacturing facility, which occure from July 13. 2025 to July 26. 2025. 3) During the current quarter, in one of the subsidiaries re APL. the company's operations at Rajahmundry plant were interrupted due to an illegal workers. The strike from July 6, 2025 was for demanding revision of wages in Wage Settlement with the Management Consequently, on July 11, 2025. a lockout was implemented at the plant to safeguard assets and personnel. Following this prompt resolution, both Management and Representatives of Trade Union have called off the strike on July 12, 2025 and resumed normal operations 4) The figures for the previous penods have been regrouped I rearranged wherever necessary . Place Dandeli Date : 12th November, 2025 For and on f the Board Rajendra Jain Executive Director (Whole•time Director)
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WEST COAST PAPER MILLS LIMITED CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2025 SI. No. September 30, 2025 (Unaudited) March 31, 2025 (Audited) A ASSETS 1 Non-current assets a. Property, plant and equipment 1,91,087.16 1,82,846.57 b. Capital work in progress 11,339.26 16,393.43 c. Right of Use Assets 3,189.65 2,226.67 d. Goodwill 18371.29 18,371.29 e. Intangible assets 8,528.43 8,393.88 f. Intangible Assets under development 812.01 g. Biological assets other than bearer plants h. Financial Assets: 788.87 788.87 i Other Investments ii Loans iii Other financial assets 42,565.49 1,267.73 40,503.08 1,204.78 i. Current Tax Assets (net) 1,564.36 j. Other non-current assets 11,085.99 9,195.55 Total Non-Current Assets 2,88,223.87 2,82,300.49 2 Current Assets a. Inventories b Financial Assets i Investments 73,278.69 1,32,840.02 87,083.40 1,19,860.52 ii Trade receivables 38,728.62 35,024.90 iii Cash and cash equivalents 1,422.18 2,529.28 iv Other bank balances 687.14 729.86 v Loans 188.94 174.53 vi Other financial assets 2,190.94 1,787.40 c. Other current assets 19,988.40 21,737.08 d. Assets classified as held for sale 11.10 Total Current Assets 2,69,336.03 2,68,926.97 5,57,559.90 5,51,227.46 B EQUITY AND LIABILITIES 1 Equity a. Equity share capital 1,320.98 1,320.98 b. Other equity 3,52,530.92 3,47,821.06 c. Non-controlling interest 57,467.14 57,874.99 Total Equity 4,11,319.04 4,07,017.03 2 Liabilities Non-current liabilities a. Financial Liabilities i Borrowings 19,309.76 21,361.21 ii Lease liability 2,521.49 1,818.68 iii Other financial liabilities 5,631.48 7,642.71 b. Deferred tax liabilities (net) 13,328.79 13,146.05 c. Other non-current liabilities 9,260.48 9,260.48 d. Provisions 1,427.19 1,224 63 Total Non-Current Liabilities 51,479.19 54,453.76 Current Liabilities a. Financial Liabilities i Borrowings 23,564.66 21,792.28 ii Lease liability iii Trade payables a) Total outstanding dues of micro and small enterprises 919.94 5,207.40 615.11 5,325.61 b) Total outstanding dues of creditors other than micro and small enterprises iv Other financial liabilities 28,765.80 20,872.04 28,066.81 19,129.25 b. Other current liabilities 8,268.94 6,860.86 d. Current Tax Liabilities 237.61 c. Provisions 6,925.28 7,966.75 Total Current liabilities 94,761.67 89,756.67 Total Equity and Liabilities 5,57,559.90 5,51,227.46 16% For and on behal he Board Rajendra Jain Executive Director (Whole Time Director) Place Dandeli Date 12th November, 2025
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WEST COAST PAPER MILLS LIMITED CONSOLIDATED CASH FLOW STATEMENT FOR THE HALF YEAR ENDED SEPTEMBER 30, 2025 PARTICULARS Sep 30, 2025 (Unaudited) Sep 30, 2024 (Unaudited) Cash flow from Operating activities Profit/(Loss) before Income Tax 10,521.55 29,857.63 Adjustments for Depreciation and amortisation 11,961.22 10,011.79 Loss / (Gain) on disposal of Property, plant and equipment 47.22 149.77 Loss / (Gain)on sale of investments (3,134.64) (3,354.68) Net gain on financial assets designated on FVTPL (524.94) (2,950.02) Interest income classified as investing cash flows (2,204.08) (2,425.37) Rent receipt (41.40) (41.42) Finance costs 2,083.37 1,538.82 Government grant income (153.15) (290.09) Provision for doubtful debts (36.47) 50.33 Net exchange differences (6.21) (4.74) Fair value adjustment in investment 2.39 0.71 Dividend Income (161.37) (148.29) Changes in actuarial valuation of employee benefit (0.81) 0.90 Liabilities & Provisions written back (143.45) (286.38) Total 7,687.68 2,251.33 Operating profit before working capital changes 18,209.23 32,108.96 Adjustment for: (Increase) / decrease in trade receivables (3,956.48) (7,862.87) (Increase) / decrease in inventories 13,804.49 8,368.18 (Increase) / decrease in other financial assets (63.87) 74.54 (Increase) / decrease in other non-current assets 224.72 53.77 (Increase) / decrease in Other Bank Balances (19.92) (26.46) (Increase) / decrease in other current assets 1,465.92 (2,123.89) Increase /(decrease) in trade liabilities 945.90 1,593.43 Increase / (decrease) in provisions (724.30) (442.96) Increase/(Decrease) in current tax liabilities (Net) (2.05) (4.64) Increase /(decrease) in other financial liabilities 231.70 3,824.61 Increase / (decrease) in current liabilities 1,753.02 1,621.20 Increase / (decrease) in non-current liabilities (285.65) 424.22 Total 13,373.48 5,499.13 Cash generated from operations 31,582.71 37,608.09 Less: Income Tax paid (1,351.30) (3,163.94) Net cash inflow (outflow) from operating activities 30,231.41 34,444.15 Cash flow from investing activities Payments for Property, Plant and Equipment (16,255.02) (22,482.85) Purchase of Intangible Assets (80.31) (155.35) Proceeds from Sale of Property, Plant and Equipment (0.00) 11.19 Purchase of Non-Current Investments (31,681.70) (50,655.89) Purchase of Current Investments (83,634.87) (71,118.50) Proceeds from Sale of Current Investments 1,04,509.70 98,956.82 Investment In Subsidaries (305.68) Term / Margin Money Deposits matured during the year 166.26 1,141.17 Rent received 41.40 41.42 Bank Deposits (64.10) (135.25) Interest Received 1,926.66 3,461.26 Dividend Income Received 317.74 295.15 Net cash inflow (outflow) from investing activities (24,754.24) (40,946.51)
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WEST COAST PAPER MILLS LIMITED CONSOLIDATED CASH FLOW STATEMENT FOR THE HALF YEAR ENDED SEPTEMBER 30, 2025 PARTICULARS Sep 30, 2025 (Unaudited) Sep 30, 2024 (Unaudited) Cash flow from financing activities Proceeds from long term borrowings 3,027.23 9,885.39 Repayment of long term borrowings (4,754.03) Proceeds / (Repayment) of short term borrowings 1,413.48 4,944.61 Interest and finance charges (1,960.19) (1,322.41) Dividends paid to company's shareholders (3,850.32) (6,379.65) Repayment of lease liability (460.44) (416.54) Net cash inflow (outflow) from financing activities (6,584.27) 6,711.40 Net increase / (decrease) in cash and cash equivalents (1,107.10) 209.04 Net increase / (decrease) in cash and cash equivalents during the year (1,107.10) 209.04 Cash and cash equivalents at the beginning of the period 2,529.28 2,547.31 Cash and cash equivalents at the end of the period 1,422.18 2,756.35 Place Dandeli Date 12th November, 2025 For and on behalf of,he Board Rajendra Jain Executive Director (Whole Time Director)
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Press Release Nov 12, 2025, Kolkata / Dandeli : West Coast Paper Mills Limited (BSE: 500444, NSE: WSTCSTPAPR), has reported its unaudited financial results for the quarter ended 30 th Sep 2025. FINANCIAL HIGHLIGHTS: Commenting on the results Mr. S.K. Bangur, Chairman & Managing Director, West Coast Paper Mills Limited said: The domestic paper industry continued to face pricing pressure through Q2 FY26 as imports remained elevated. Input costs particularly wood continues to remain high, moderating the pace of margin recovery. Further, consolidated performance is impacted during the quarter due to a brief workers’ strike and a subsequent 14-days planned annual maintenance shutdown at the Rajahmundry plant of our one of subsidiaries, Andhra Paper Limited, resulting in a one-time loss of production and earnings. Our company remain focused on strengthening our product mix, securing raw material supply, and driving cost efficiencies to sustain profitability. About West Coast Paper Mills Limited West Coast Paper Mills Limited (BSE: 500444, NSE: WSTCSTPAPR), one of the oldest and the largest producers of paper for printing, writing and packaging in India. Established in 1955, the company enjoys a pedigree standing over the past 70 years as premium brand in paper industry, widely acknowledged in India and abroad. Safe Harbour Certain statements in this “Release” may not be based on historical information or facts and may be “forward looking statements” within the meaning of applicable securities laws and regulations, including, but not limited to, those relating to general business plans & strategy of the Company, its future outlook & growth prospects, future developments in its businesses, its competitive & regulatory environment and management's current views & assumptions which may not remain constant due to risks and uncertainties. Actual results could differ materially from those expressed or implied. The Company assumes no responsibility to Particulars ₹ in Crores Consolidated Standalone Q2FY26 Q1FY26 Q-o-Q change Q2FY26 Q1FY26 Q-o-Q change Revenue 1043.02 954.65 9% 644.53 555.86 16% EBIDTA 90.55 155.11 -42% 97.46 94.43 3% PAT 11.91 60.26 -80% 45.02 41.05 10% PAT Margin 1% 6% -500bps 7% 7% - EPS 2.65 8.24 -68% 6.82 6.21 10%
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publicly amend, modify or revise any statement, based on any subsequent development, information, or events, or otherwise. This “Release” does not constitute a prospectus, offering circular or offering memorandum or an offer to acquire any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of the Company’s shares. The financial figures in this “Release” have been rounded off to the nearest whole number. The financial results are standalone financials unless otherwise specified. For further information, please connect with us: Company: West Coast Paper Mills Limited Mr. Rajesh Bothra Chief Financial Officer co.sec@westcoastpaper.com Tel:+91-(033)-71500500 Website: www.westcoastpaper.com