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In Q3 FY25, AGI Greenpac posts EBITDA of Rs 185 crore up by 20% Y-o-Y & PAT of Rs 91 crore up by 35%
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Thursday, 23 January, 2025, 14 : 00 PM [IST]
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Our Bureau, New Delhi
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AGI Greenpac Limited, a focused Packaging Products company, announced its financial results for the quarter ending December 31, 2024.
The company's Revenue from Operations was Rs 658 crore. EBITDA stood at Rs 185 crore, a 20% year-on-year (Y-o-Y) increase from Rs 153 crore in Q3 FY24, representing a 28% margin. Profit after Tax (PAT) increased by 35% Y-o-Y to Rs 91 crore, up from Rs 67 crore in the same period last year.
In the first nine months of FY25, the company's reported Revenue from Operations of Rs 1,824 crore. EBITDA was Rs 497 crore, a 15% year-on-year (Y-o-Y) increase with a 27% margin, compared to Rs 432 crore in the corresponding period last year. Profit after Tax (PAT) grew 21% Y-o-Y to ?226 crore, compared to Rs 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 optimising the product portfolio by adding higher-margin offerings, and maintaining strong customer relationships.
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 optimisation, and nurturing strong customer relationships. We are confident in our ability to maintain this momentum and drive continued growth.”
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