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TCPL Packaging reports 75% rise in Q3 consolidated net profit

07 Feb 2023 Evaluate

TCPL Packaging has reported results for third quarter ended December 31, 2022.

The company has reported rise of 91.08% in its net profit at Rs 26.85 crore for Q3FY23 as compared to Rs 14.05 crore for the corresponding quarter previous year. Total income of the company increased by 34.04% to Rs 369.42 crore for the quarter under review as compared to Rs 275.59 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 74.90% in its net profit at Rs 24.26 crore for Q3FY23 as compared to Rs 13.87 crore for the same quarter in the previous year. Total income of the company increased by 36.62% to Rs 379.81 crore for the quarter under review as compared to Rs 278.01 crore for the same quarter in the previous year.

Peers
Company Name CMP
Uflex 663.05
EPL 238.55
AGI Greenpac 803.90
Huhtamaki India 242.40
TCPL Packaging 4107.35
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