The production at the Muzaffarnagar unit commenced on 27 June 2022. This unit has manufacturing facilities for production of kraft paper (two lines) and duplex paper. Kraft paper is classified as industrial paper and is used by packaging industry in making corrugated boxes and liners, corrugated sacks and composite containers. Demand of kraft paper is related to industrial growth and exports. Duplex board paper is commonly used in consumer packaging sectors and for industrial packaging. Genus Paper & Boards is a manufacturer of various grades of Kraft paper. On a consolidated basis, net profit of Genus Paper & Boards rose 48.3% to Rs 7.65 crore on 86.9% jump in net sales to Rs 174.86 crore in Q4 FY22 over Q4 FY21. Powered by Capital Market – Live News
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