Jindal Poly Films has declared its financial results for the quarter ended June 2024. The company’s ability to navigate market headwinds and deliver growth highlights its operational excellence and strategic foresight.
The improvement in EBITDA is backed by growth in its India packaging films business showing a robust revenue growth of 41% in Q1 of FY 25 over the corresponding quarter in the previous year. During the quarter, its India packaging films business achieved revenue of Rs. 923 cr. This top-line growth was accompanied by a 142% rise in EBITDA. The revenue and EBITDA growth of JPFL Films is much higher as compared to the industry.
Vinod Kumar Gupta, chief executive officer, JPFL Films, said, “Our results highlight JPFL Films adaptability and strength in navigating complex market conditions. Despite facing headwinds, we have not only maintained our market position but have also achieved significant growth.
