AGI Greenpac’s board has approved the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The company is diversifying into the retail business segment, focusing on homecare, personal care, kitchenware, and tableware. Key leadership appointments were made, including Dushyant Kumar as COO for the CAN Business Division and Chandan Kumar Jha as CEO of the Plastek Division.
Financial Performance Approved
The Board of Directors at AGI Greenpac has officially approved the unaudited standalone and consolidated financial results for Q3 and nine months ending December 31, 2025. The results, reviewed by the Audit Committee, reveal a comprehensive financial overview, including segment-wise revenue, assets, and liabilities. The detailed reports from the Statutory Auditors are attached as Annexure-I.
Leadership Appointments
Several key appointments have been made to strengthen the company’s leadership team:
- Dushyant Kumar has been appointed as Chief Operating Officer (COO) for the CAN Business Division, designated as Senior Management Personnel, effective February 1, 2026.
- Chandan Kumar Jha is appointed as Chief Executive Officer of the Plastek Division, also designated as Senior Management Personnel, effective January 29, 2026.
Diversification into Retail
AGI Greenpac is set to diversify its business operations by entering the retail business segment. This includes focusing on product categories such as homecare, personal care, kitchenware, and tableware. The company aims to leverage glass usage in these areas, providing comprehensive solutions to container glass customers. This expansion will be an outsourced model requiring no major investments.
Investment Update
The board has approved modifications regarding its investment in Madoverbuilding AI Private Limited (“MOB AI”). The company now plans to acquire 19.75% of the paid-up share capital of MOB AI, adjusted from the previously disclosed 25%. The first tranche of this investment was executed on May 30, 2025, with the second tranche expected to be completed within the next four months from January 28, 2026.
Financial Highlights
The company reported the following financial results:
- Revenue from Operations: ₹633.69 crore
- Total Income: ₹637.30 crore
- Profit Before Tax: ₹94.46 crore
- Profit for the Period: ₹71.45 crore
Source: BSE
