AGI Greenpac reports 20% rise in Q3 FY25 EBITDA to INR 185 crore, PAT up 35% to INR 91 crore

AGI Greenpac, a focused Packaging Products company, announced its financial results for the quarter ending 31 December 2024.

The Company's Revenue from Operations was INR 658 crore. EBITDA stood at INR 185 crore, a 20% year-on-year (Y-o-Y) increase from INR 153 crore in Q3 FY24, representing a 28% margin. Profit after Tax (PAT) increased by 35% Y-o-Y to INR 91 crore, up from INR 67 crore in the same period last year.

In the first nine months of FY25, the Company's reported Revenue from Operations of INR 1,824 crore. EBITDA was INR 497 crore, a 15% year-on-year (Y-o-Y) increase with a 27% margin, compared to INR 432 crore in the corresponding period last year. Profit after Tax (PAT) grew 21% Y-o-Y to INR 226 crore, compared to INR 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, Sandip Somany, chairman and managing director, AGI Greenpac 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.”