AGI Greenpac Q3 FY23 Revenue from Operations up by 43% to ₹567 crore, EBITDA up 39% to ₹113 crore on a Y-o-Y basis
30 Jan 2023 | AGI Greenpac Limited
Gurugram, India, January 30, 2023: AGI Greenpac Limited, one of the leading Packaging companies in India, today announced its financial results for the third quarter ending December 31, 2022.
Financial Performance Highlights: 9M FY2023
Revenue from Operations stood at ₹1,601 crore, registering a growth of 60% on a Y-o-Y basis
Operating EBITDA stood at ₹292 crore, registering a growth of 37% on a Y-o-Y basis with margins of 18%
Net Profit stood at ₹153 crore, registering a growth of 94% on a Y-o-Y basis with margins of 10%
Financial Performance Highlights: Q3 FY2023
Revenue from Operations stood at ₹567 crore, registering a growth of 43% on a Y-o-Y basis
Operating EBITDA stood at ₹113 crore, registering a growth of 39% on a Y-o-Y basis with margins of 20%
Net Profit stood at ₹53 crore, registering a growth of 81% on a Y-o-Y basis with margins of 9%
Business Update
In Q3 FY23, the company delivered a strong performance and reported Revenue from Operations of ₹567 crore, compared to ₹396 crore in Q3FY22, registering a stellar growth of 43% on a Y-o-Y basis. The sales and profitability improved on a Y-o-Y basis on account of an improved product mix, and an increase in demand from the non-alcoholic beverages, packed food, and beer segment for the glass containers products...