Kuantum Papers shares rose 2.90% to ₹74.21 following the company's announcement of the successful restart of Paper Machine-3 (PM3) at its manufacturing facility in Saila Khurd, Hoshiarpur, Punjab, on 26 August 2026. According to reports from Business Standard, the machine restarted after completion of a major technological upgradation and rebuild project, followed by several trials. The PM3 rebuild forms part of the company's capacity and efficiency enhancement plan.
The upgraded machine features a top former and film press, improved automation and enhanced drying capability. As reported by Business Standard, these upgrades are expected to support the company's expansion into higher-value writing and printing paper and specialty grades. The rebuilt machine is aimed at improving paper quality, operational efficiency, product range and production throughput, positioning the company for enhanced market competitiveness.
Kuantum Papers is a leading manufacturer of high quality maplitho, creamwove, copier and specialty paper. According to Business Standard, the products are widely used in the printing of books, trade directories, newsprint, diaries, calendars, and computer stationery. Additionally, the products are extensively utilized in the production of notepads and other stationery items for both home and international markets.
On a standalone basis, Kuantum Papers reported mixed financial results for Q1 June 2026. As reported by Business Standard, net profit declined 48.34% to ₹6.23 crore while net sales rose 35.95% to ₹301.71 crore compared to Q1 June 2025. The contrasting performance in profitability and revenue growth indicates operational challenges despite increased sales volumes.
