Categories Earnings, Industrials

TCPL Packaging Ltd Q4FY23 results out, revenue grows by 19%

TCPL manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. TCPL has also ventured into the flexible packaging industry, with the capability to produce printed cork-tipping paper, laminates, sleeves, and wrap-around labels.

TCPL Packaging is promoted by the Kanoria family, which has varied business interests such as jute, tea, textiles, pharmaceuticals, and chemicals. In 1990, the Kanoria family, ventured into folding cartons manufacturing, with a unit in Silvassa. TCPL is a leading supplier to the tobacco, liquor, consumer goods, and food packaging industry in India.

  • TCPL Packaging Ltd reported Total revenue for Q4 FY23 of ₹383 Crore, up from ₹323 Crore year on year depicting a growth of 19%.
  • Total Expenses for Q4 FY23 of ₹359 Crore up, from ₹308 Crore year on year, a growth of 17%. 
  • Consolidated Net Profit of ₹24 Crore, up 50% from ₹16 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹26.54, up 47% from ₹18.07 in the same quarter of the previous year.

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