AGI Greenpac Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 06, 2024 at 05:35 am EST
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AGI Greenpac Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 6,222.6 million compared to INR 5,673 million a year ago. Revenue was INR 6,254.5 million compared to INR 5,704 million a year ago. Net income was INR 628.2 million compared to INR 559.9 million a year ago. Basic earnings per share from continuing operations was INR 10.37 compared to INR 8.23 a year ago. Diluted earnings per share from continuing operations was INR 10.37 compared to INR 8.23 a year ago. Basic earnings per share was INR 10.37 compared to INR 8.21 a year ago. Diluted earnings per share was INR 10.37 compared to INR 8.21 a year ago.
For the nine months, sales was INR 17,960.1 million compared to INR 16,011.6 million a year ago. Revenue was INR 18,123.3 million compared to INR 16,084.5 million a year ago. Net income was INR 1,790 million compared to INR 1,779.7 million a year ago. Basic earnings per share from continuing operations was INR 28.86 compared to INR 23.64 a year ago. Diluted earnings per share from continuing operations was INR 28.86 compared to INR 23.64 a year ago. Basic earnings per share was INR 28.86 compared to INR 23.62 a year ago. Diluted earnings per share was INR 28.86 compared to INR 23.62 a year ago.
AGI Greenpac Limited is an India-based packaging products company. The Company's business segments include Packaging Product Division, Investment Property and Others. The Packaging Product Division segment is engaged in the manufacturing and marketing of various packaging products, including containers and specialty glass, polyethylene terephthalate (PET) bottles and products, and security caps and closures. The Investment Property segment consists of land and buildings owned by the Company and given on lease. The Others segment includes wind power generation and other activities. It manufactures glass containers and specialty glass under the brand AGI Glaspac. The Company conducts PET bottles and products business under the brand, AGI Plastek. It is engaged in the production of security caps and closures under the brand, AGI Clozures. It serves various industries such as food, pharmaceuticals, soft drinks, alco-beverages, personal care, agro-chemicals and dairy industry.
AGI GREENPAC LIMITED 
