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AGI Greenpac reported robust Q1 results, with consolidated revenue up 14.2% YoY to ₹785 Crore and profit after tax rising 11.8% YoY to ₹99 Crore. This growth was driven by an improved product mix and strong demand across alcobev, food & beverage, and specialty glass segments.
The company is strategically expanding, planning to increase glass capacity from 2,100 TPD to 2,600 TPD by March 2027 with a new greenfield plant, and recently entered the high-potential aluminium can market. A key focus is on boosting value-added products in segments like specialty glass, cosmetics, and premium alcoholic beverage packaging.
Management stated that Q1 margins faced temporary pressure from increased energy and raw material costs. However, proactive cost optimization measures helped cushion the impact, and they foresee stronger margin performance in upcoming quarters as input costs stabilize and efficiency initiatives yield full benefits.