AGI Greenpac Ltd. Results

H1FY25 & Q2FY25 Result Announced for AGI Greenpac Ltd.

Containers & Packaging company AGI Greenpac announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from Operations remained steady at Rs 599 crore. EBITDA stood at Rs 166 crore, reflecting a 20% YoY with a 28% margin. Profit after Tax reached Rs 72 crore, registering a growth of 28% on a YoY. H1FY25 Financial Highlights: Revenue from Operations reached Rs 1,166 crore. EBITDA stood at Rs 313 crore, registering a growth of 12% on a YoY basis with a 27% margin. Profit after Tax reached Rs 135 crore, registering a growth of 13% on a YoY. Sandip Somany, Chairman and Managing Director, AGI Greenpac, said: “Our strategic focus on operational efficiencies, capacity utilization, customer engagement, new product introductions, and a premium product mix has resulted in significant improvement in our margins. We are optimistic about our future and believe that our strategic focus will continue to deliver strong results.”

Q4FY24 Quarterly & FY24 Annual Result Announced for AGI Greenpac Ltd.

Containers & Packaging company AGI Greenpac announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from Operations of Rs 625 crore EBITDA of Rs 156 crore Profit Before Tax (PBT) of Rs 89 crore. FY24 Financial Highlights: EBITDA growth of 21% YoY, reaching Rs 588 Crore Revenue from Operations ascending to Rs 2,421 crore, marking a 6% increase compared to FY23. PBT stood at Rs 340 crore, compared to Rs 304 crore in FY23 Commenting on the results, Sandip Somany, Chairman and Managing Director, AGI Greenpac said, " Our consistent year-on-year growth reflects our unwavering focus on innovation, operational efficiencies, the introduction of new products, and a premium product mix. I am happy with our ability to not only meet but exceed expectations in challenging market conditions. The successful addition of capacity through debottlenecking in FY24 to meet increased demand underscores our commitment to operational excellence and customer satisfaction. Looking ahead, I am confident in our continued success and growth."

Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for AGI Greenpac Ltd.

Furniture-furnishing Paints company AGI Greenpac announced Q2FY24 & H1FY24 results: Q2FY24: Revenue from Operations stood at Rs 615 crore, marking a 20% YoY growth from Rs 512 crore in Q2FY23. The Company recorded EBITDA of Rs 139 crore, reflecting a significant 59% YoY with a margin of 22%. Profit before Tax stood at Rs 74 crore, registering a growth of 59% on a YoY. H1FY24: Revenue from Operations was Rs 1,174 crore, marking a 14% YoY increase from Rs 1,034 crore in H1FY23. The Company delivered EBITDA of Rs 279 crore, registering a significant growth of 55% on a YoY basis with a margin of 24%. Profit before Tax stood at Rs 160 crore, registering a remarkable growth of 57% on a YoY. Commenting on the results, Sandip Somany, Chairman and Managing Director, AGI Greenpac said, “At AGI Greenpac Limited, our priorities revolve around a twofold commitment: the relentless pursuit of internal efficiencies and unwavering dedication to customer satisfaction. These fundamental principles enhance our operations, bring in cost-effectiveness, and ensure customer loyalty, helping us in solidifying our position in the packaging products industry.”

Q1FY24 Quarterly Result Announced for AGI Greenpac Ltd.

Furniture-Furnishing Paints Company AGI Greenpac announced Q1FY24 results: Revenue from Operations increased by 7% on a YoY basis, increasing from Rs 522 crore in Q1FY23 to Rs 558 crore in Q1FY24, despite a scheduled furnace shutdown for relining. EBITDA of Rs 140 crore, registering a significant growth of 52% on a YoY basis with a margin of 25%. Profit before Tax stood at Rs 85 crore, registering a remarkable growth of 55% on a YoY basis with margins of 15% On a YoY basis, the company’s sales and profitability improved owing to increased market demand, a more favorable product mix, and our focus on high-value-added products. Substantial investments in digitalisation and automation have further optimised the operations, significantly improving efficiency. Commenting on the results, Sandip Somany, Chairman and Managing Director, AGI Greenpac said, “Our well-crafted strategy and a series of proactive steps have helped us in achieving another remarkable result this quarter. We have successfully identified and capitalized on opportunities arising from the growing market demand, aligning our offerings with customer preferences. Additionally, we optimized our operations by strategically focusing more on high value-added products, which has proven instrumental in boosting our bottom line, and enhancing profitability.”