Categories: Latest

In Q2 FY25, AGI Greenpac Limited posts EBITDA of ₹166 crore up by 20% Y-o-Y and PAT of Rs ₹72 crore up by 28%

Gurugram, November 08, 2024: AGI Greenpac Limited, a focused Packaging Products company, today announced its financial results for the quarter ending September 30th, 2024.   

In Q2FY25, the Company’s Revenue from Operations remained steady at ₹599 crore. EBITDA stood at ₹166 crore, reflecting a 20% Y-o-Y with a 28% margin. Profit after Tax reached ₹72 crore, registering a growth of 28% on a Y-o-Y. 

In H1FY25, the Company’s Revenue from Operations reached ₹1166 crore. EBITDA stood at ₹313 crore, registering a growth of 12% on a Y-o-Y basis with a 27% margin. Profit after Tax reached ₹135 crore, registering a growth of 13% on a Y-o-Y. 

The Company’s consistent performance was driven by a combination of factors. Firstly, despite challenges posed by scheduled furnace relining, the company maintained a strong capacity utilization of around 93%. Secondly, a focus on cost efficiency, including optimizing production processes and supply chain management, resulted in improved margins. Thirdly, by strengthening partnerships with customers and tailoring our offerings to meet specific needs, we have been able to maintain our strong market presence.

Commenting on the results, Mr. Sandip Somany, Chairman and Managing Director, AGI Greenpac Limited 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.”

Corporate Comm India (CCI Newswire)

The Pharma Times News Bureau

Recent Posts

Lung Cancer Awareness Month

By Dr. C N Patil, HOD and Lead Consultant - Medical Oncology & Haemato-Oncology, Aster…

12 hours ago

Unmasking COPD: The Silent Respiratory Threat of Smoking

By  Dr. Pavan Yadav, Lead Consultant - Interventional Pulmonology & Lung Transplantation, Aster RV Hospital …

12 hours ago

Khazi India Foundation to Host Expert Cardiac Consultations in Adoni

Kurnool, November 20, 2024: Adoni, Andhra Pradesh, – The Khazi India Foundation is pleased to…

1 day ago

Aakash Healthcare Celebrates Children’s Day with Kids from Choti Si Khushi

New Delhi, November 20, 2024: Aakash Healthcare marked this year’s Children’s Day with a joyful…

1 day ago

Annual eye screening crucial for diabetic patients to protect eyesight: Dr Agarwals Eye Hospital

Dr Agarwals Eye Hospital, Bengaluru, is providing free consultations for diabetic patients aged 50 and…

3 days ago

7 Signs You Are Suffering From Protein Deficiency

By Ms. Archana S, Senior Nutritionist, Aster Whitefield Hospital, Bengaluru As an essential nutrient, protein…

3 days ago