AGI Greenpac reports 20% EBITDA growth in Q3 FY25

AGI Greenpac, a packaging company with a focus on glass packaging, PET products, and a security caps and closure business, today announced its financial results for the quarter ending 31 December 2024.

The company's revenue from operations was Rs 658-crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 185-crore, a 20% year-on-year (YoY) increase from Rs 153-crore in Q3 FY24, representing a 28% margin. Profit after tax (PAT) rose 35% YoY to Rs 91-crore, up from Rs 67-crore in the same period last year.

In the first nine months of FY25, the company reported revenue from operations of Rs 1,824-crore. EBITDA was Rs 497-crore, a 15% YoY increase, with a 27% margin, compared to Rs 432-crore in the same period last year. PAT grew 21% YoY to Rs 226-crore, compared to Rs 187-crore in the same time last year.

The company achieved these results in Q3 FY25 through cost management, optimising the product portfolio with higher-margin offerings, and maintaining strong customer relationships.

Sandip Somany, chairman and managing director of AGI Greenpac Limited, said, "AGI Greenpac's strong Q3 FY25 results reflect the dedication of our team and the effectiveness of our strategy. We remain focused on disciplined cost management, continuous product portfolio optimisation, and fostering strong customer relationships. We are confident in our ability to maintain this momentum and drive continued growth."