Kanpur Plastipack Limited reported a stellar performance for March 2025, posting its highest-ever monthly sales, with revenues rising 40% year-on-year to Rs 78.84 crore compared to Rs 56.33 crore in March 2024. The company also recorded a 32% growth in total sales volume, reaching 5,419.20 metric tonnes in March 2025, up from 4,093.56 metric tonnes a year ago.
Breaking down the segments, Raffia sales grew 21% in volume and 36% in value terms, clocking Rs 55.14 crore in March 2025. Meanwhile, Non-Raffia sales surged 50% in both quantity and value, contributing Rs 23.70 crore to the monthly tally.
Backed by a robust order book, the company highlighted that it is well-positioned for continued growth in the upcoming quarters. Deputy Managing Director Shashank Agarwal attributed the record sales to innovation, customer satisfaction, and operational excellence, expressing confidence in the company’s long-term growth trajectory.
Kanpur Plastipack will disclose more on its financial outlook in the upcoming quarterly results.
Disclaimer: This announcement may include forward-looking statements that are subject to risks and uncertainties.