AGI Greenpac’s board approved the unaudited standalone and consolidated financial results for Q3 FY26. Key decisions include the appointments of Mr. Dushyant Kumar as COO for the CAN Business Division and Mr. Chandan Kumar Jha as CEO of the Plastek Division. Furthermore, the board has approved diversifying the company’s business operations into the retail sector.
Financial Performance Highlights
For the quarter ended December 31, 2025, AGI Greenpac reported the following:
- Revenue from operations: ₹633.69 crore (consolidated).
- Profit before tax: ₹94.46 crore (consolidated).
- Profit for the period: ₹71.45 crore (consolidated).
Earnings per share stand at ₹11.04 (basic and diluted).
Leadership Appointments
The board has approved the appointment of two key executives:
- Mr. Dushyant Kumar as Chief Operating Officer (COO) – CAN Business Division, effective February 1, 2026.
- Mr. Chandan Kumar Jha as Chief Executive Officer – Plastek Division, effective January 29, 2026.
Retail Diversification Strategy
AGI Greenpac is expanding its business by entering the retail segment, focusing on:
- Homecare products
- Personal care products
- Kitchenware
- Tableware
The company plans to use an entirely outsourced model for this venture, minimizing capital investment.
Investment Update: Madoverbuilding AI
The board approved an adjustment to a prior resolution concerning investments in Madoverbuilding AI Private Limited (“MOB AI”). The company will now acquire 19.75% of the paid-up share capital instead of the previously planned 25%.
Revised Investment Terms
The total investment is ₹4,44,95,770.22 and the same would be paid in 2 tranches:
- Tranche 1 Investment is ₹2,99,95,770.22.
- Tranche 2 Investment will be upto ₹1,45,00,000.
MOB AI is in the business of building E-commerce marketplace. The 1st tranche was executed on May 30th 2025 and the second tranche is expected to be completed within 4 months of January 28, 2026.
Source: BSE