Kanpur Plastipack Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
KANPRPLA · price
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Kanpur Plastipack Limited reported strong Q1 FY26 results with standalone net sales of Rs 17,879.59 lakhs, up about 35.8% year-on-year from Rs 13,165.86 lakhs. The company swung from a loss of Rs 116.64 lakhs in Q1 FY25 to a net profit of Rs 572.60 lakhs in Q1 FY26, with EPS of Rs 2.49 versus a loss of Rs 0.54 earlier. The turnaround was driven by the core Raffia (FIBC/fabric/yarn) segment, which posted a profit of Rs 930.43 lakhs versus Rs 76.40 lakhs a year ago, while finance costs also fell sharply from Rs 508.87 lakhs to Rs 328.89 lakhs. The CPP Films division was closed on May 7, 2025 after selling its plant and machinery, and is now shown as discontinued operations, including a Rs 1,161.93 lakh exceptional item recorded in Q4 FY25 related to this exit. The statutory auditor (Rajiv Mehrotra & Associates) issued an unmodified limited review report on both standalone and consolidated results.
Strong revenue growth and a sharp swing to profitability in the core Raffia business are positive signals for shareholders, supported by lower finance costs. The CPP division closure cleans up a loss-making segment, which should help margins going forward, though investors should watch the one-time discontinued-operations loss and any integration costs in the consolidated results.