AGI Greenpac posts EBITDA of
166 crore up by 20% Y-o-Y & PAT of
72 crore up by 28%
By
siliconindia | Thursday, 07 November 2024, 13:25 Hrs
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 â¹599 crore. EBITDA stood at â¹166 crore, reflecting a 20% Y-o-Y with a 28% margin. Profit after Tax reached â¹72 crore, registering a growth of 28% on a Y-o-Y.
In H1FY25, the Company's Revenue from Operations reached â¹1166 crore. EBITDA stood at â¹313 crore, registering a growth of 12% on a Y-o-Y basis with a 27% margin. Profit after Tax reached â¹135 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, 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.”
About AGI Greenpac Limited
AGI Greenpac Limited is a focused packaging products company that manufactures and markets various packaging products, including glass containers, PET bottles and products, as well as anti-counterfeiting security caps and closures. The company has seven plants in India, located across Telangana, Uttarakhand, and Karnataka. The company has a comprehensive product range, catering to 500+ globally acclaimed institutional clients in India.

