TCPL Packaging Limited — Updates, 13-02-2025: Press Release

TCPL Packaging Limited has announced strong financial results for the quarter and nine months ended December 31, 2024. Key highlights show consolidated revenues soaring by 32% year-over-year to ₹480 crore, with EBITDA rising 29% to ₹71 crore and PAT surging by 101% to ₹38 crore, reflecting robust growth across both its paperboard and flexible packaging segments. Notably, the flexible packaging division capitalized on strong domestic demand, while the paperboard segment showed steady growth in both domestic and international markets.

In addition to financial performance, TCPL has strengthened its market position through strategic collaborations, including an exclusive manufacturing agreement with Ventit for innovative food packaging solutions. Further growth is anticipated from the upcoming commissioning of a new greenfield facility in Southern India. The appointment of Mr. Aniket S. Talati as an Independent Director will also bolster governance and strategic oversight. With a favorable industry outlook and ongoing expansion initiatives, TCPL is well-positioned for sustained growth and value creation.