AGI Greenpac Limited, a focused Packaging Products company, today announced its financial results for the quarter ending December 31st, 2024.
The Company's Revenue from Operations was ₹658 crore. EBITDA stood at ₹185 crore, a 20% year-on-year (Y-o-Y) increase from ₹153 crore in Q3 FY24, representing a 28% margin. Profit after Tax (PAT) increased by 35% Y-o-Y to ₹91 crore, up from ₹67 crore in the same period last year.
In the first nine months of FY25, the Company's reported Revenue from Operations of ₹1,824 crore. EBITDA was ₹497 crore, a 15% year-on-year (Y-o-Y) increase with a 27% margin, compared to ₹432 crore in the corresponding period last year. Profit after Tax (PAT) grew 21% Y-o-Y to ₹226 crore, compared to ₹187 crore in the corresponding period last year.
The company demonstrated exceptional financial results in Q3FY25, through a combination of strategic initiatives. These include rigorous cost management, a focus on optimizing the product portfolio by adding higher-margin offerings, and maintaining strong customer relationships.
Commenting on the results, Mr. Sandip Somany, Chairman and Managing Director, AGI Greenpac Limited said, "AGI Greenpac's strong Q3 FY25 results demonstrate the dedication of our team and the effectiveness of our strategy. We are committed to disciplined cost management, continuous product portfolio optimization, and nurturing strong customer relationships. We are confident in our ability to maintain this momentum and drive continued growth.”
About AGI Greenpac Limited
AGI Greenpac Limited is a focused packaging products company in India, manufacturing and marketing a diverse range of solutions, including glass containers, PET bottles and products, and anti-counterfeiting security caps and closures. With seven manufacturing facilities across Telangana, Uttarakhand, and Karnataka, the company serves over 500 globally recognized institutional clients.
Safe Harbour:
This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to AGI Greenpac Limited’s future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macroeconomic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. AGI Greenpac Limited undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.
