Indian paper manufacturers see margins drop by 400-500 basis points due to higher costs and falling prices.

Writing and printing paper manufacturers in India face a significant drop in operating margins this financial year, down by 400-500 basis points to 15-16%, due to higher wood costs and lower market prices. Revenue is also expected to drop by 2-3%, with a tepid volume growth of 2-4%, partly due to the shift towards digital communication. Despite these challenges, margins are projected to recover to 18-19% next year as wood prices fall due to increased plantations.

3 months ago
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