TCPL Packaging Q1 profit falls 30% despite revenue growth

TCPL Packaging Limited reported consolidated revenues of INR 424.7 crore for Q1 FY26, up 4.7% from INR 405.6 crore the previous year. Standalone revenues rose 4.8% to INR 409.5 crore.

However, consolidated profit after tax plunged 29.7% to INR 22.3 crore, hit by a significant INR 10.63 crore forex loss from mark-to-market adjustments on Euro-denominated term loans. Cash profit declined 19.2% to INR 48.5 crore.

EBITDA increased marginally by 1.7% to INR 72.6 crore, maintaining a 17.1% margin.