AGI Greenpac’s EBITDA for Q2 FY25

AGI Greenpac announced its financial results for the quarter ending 30 September 2024.  

In this quarter, the company's revenue from operations remained steady at Rs 599-crore. EBITDA stood at Rs 166-crore, reflecting a 20% year-on-year (YoY) with a 28% margin. Profit after tax reached Rs 72-crore, registering a growth of 28% YoY.

In the first half of FY25, the company’s revenue from operations reached Rs 1166-crore. EBITDA stood at Rs 313-crore, registering a growth of 12% YoY with a 27% margin. Profit after Tax reached ₹135 crore, registering a growth of 13% YoY. 

The company’s performance was driven by a combination of factors. Firstly, despite challenges posed by scheduled furnace relining, the company maintained a strong capacity utilisation of around 93%. Secondly, a focus on cost efficiency, including optimising 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.

Sandip Somany, chairman and managing director of AGI Greenpac, said, “Our strategic focus on operational efficiencies, capacity utilisation, 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.”