TCPL Packaging Ltd witnessed a sharp decline in its stock price on Friday, falling over 4% intraday after the company reported a significant drop in its consolidated net profit for the June quarter, despite a rise in revenue and operating income.
Q1 FY26 Results Snapshot (YoY)
The company’s consolidated revenue rose 4.7% to ₹424.68 crore in Q1 FY26, compared to ₹405.59 crore in the same period last year. Operating performance remained steady with EBITDA growing 2% year-on-year to ₹72.61 crore from ₹71.42 crore. However, EBITDA margin came in slightly lower at 17.1% versus 17.6% a year ago.
The major drag came from the bottom line, as net profit slumped 30% year-on-year to ₹22.32 crore, compared to ₹31.72 crore in Q1 FY25.
Market Reaction
Following the earnings announcement, TCPL Packaging shares opened at ₹3,529.90 on the NSE, lower than the previous close of ₹3,620.00. The stock slipped to an intraday low of ₹3,405.70, down over 4%, before showing signs of slight recovery.
Over the past 52 weeks, the stock has moved between ₹2,865.35 and ₹4,900.00. Despite today’s fall, it continues to trade well above its 52-week low.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
