TCPL Packaging Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 28, 2024 at 09:35 am EDT
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TCPL Packaging Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 3,933.89 million compared to INR 3,833.83 million a year ago. Revenue was INR 4,010.42 million compared to INR 3,945.52 million a year ago. Net income was INR 290.28 million compared to INR 243.09 million a year ago. Basic earnings per share from continuing operations was INR 31.9 compared to INR 26.54 a year ago. Diluted earnings per share from continuing operations was INR 31.9 compared to INR 26.54 a year ago.
For the full year, sales was INR 15,127.8 million compared to INR 14,422.06 million a year ago. Revenue was INR 15,519.53 million compared to INR 14,845.01 million a year ago. Net income was INR 1,013.67 million compared to INR 1,110.7 million a year ago. Basic earnings per share from continuing operations was INR 111.39. Diluted earnings per share from continuing operations was INR 111.39.
TCPL Packaging Limited is an India-based packaging company. The Company is a manufacturer of printed packaging materials, such as cartons, boxes, shells, hinge lid blanks and is also a manufacturer of flexible packaging materials. It manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs and shelf-ready packaging. It produces printed cork-tipping paper, laminates, sleeves and wrap-around labels. The Company offers blanks and outers to the global tobacco companies. It caters to Indian and global liquor companies for their packaging requirements that include folding cartons and fluted cartons. It is a provider of packaging for customers in the food and beverage industry in India and around the world. The Company also serves pharmaceutical, fast-moving consumer goods (FMCG), agrochemicals and electrical industries. The Company's factories are located at Silvassa, Haridwar, Goa, and Guwahati. It is also a converter of paperboard.
TCPL PACKAGING LIMITED 
