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Kanpur Plastipack Ltd Q1FY24; 40% fall in Profits

Kanpur Plastipack Ltd is engaged in the manufacturing of bulk bags or Flexible Intermediate Bulk Containers (FIBCs) and other industrial packaging products.

Financial Results:

  • Kanpur Plastipack Ltd reported Revenues for Q1FY24 of ₹100.44 Crores down from ₹145.35 Crore year on year, a fall of 30.9%.
  • Total Expenses for Q1FY24 of ₹99.27 Crores down from ₹139.94 Crores year on year, a fall of 29.06%.
  • Consolidated Net Profit of ₹2.24 Crores down 39.95% from ₹3.73 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.04, down 40.23% from ₹1.74 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: Packaging
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