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AGI Greenpac Ltd Q4FY24; 40% fall in Profits

The Company was incorporated as Hindustan Twyfords Ltd. in 1960 by the Somany family (promoter group) and later expanded to glass bottles and containers manufacturing in 1972 by the acquisition of Associated Glass Industries Ltd.
The Company changed its name to Hindustan Sanitaryware & Industries Limited in 1969 and has since been popularly known as ‘HSIL’. In March 2009, the company name changed to HSIL Limited”.

Financial Results:

AGI Greenpac Ltd reported Revenues for Q4FY24 of ₹625.00 Crores down from ₹680.00 Crore year on year, a fall of 8.09%.

Total Expenses for Q4FY24 of ₹544.00 Crores down from ₹566.00 Crores year on year, a fall of 3.89%.

Consolidated Net Profit of ₹65.00 Crores down 40.37% from ₹109.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.98, down 40.67% from ₹16.82 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Glass
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