Pakka Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 1,060.05 million compared to INR 993.37 million a year ago. Revenue was INR 1,106.29 million compared to INR 1,012.36 million a year ago. Net income was INR 88.93 million compared to INR 99.14 million a year ago. Basic earnings per share from continuing operations was INR 2.17 compared to INR 2.56 a year ago. Diluted earnings per share from continuing operations was INR 2 compared to INR 2.54 a year ago.
For the nine months, sales was INR 3,138.84 million compared to INR 3,101.64 million a year ago. Revenue was INR 3,247.47 million compared to INR 3,158.9 million a year ago. Net income was INR 343.29 million compared to INR 353.38 million a year ago. Basic earnings per share from continuing operations was INR 8.39 compared to INR 9.13 a year ago. Diluted earnings per share from continuing operations was INR 7.71 compared to INR 9.07 a year ago.
Pakka Limited is an India-based company, which is engaged in the business of manufacturing and trading of products, such as pulp, kraft paper, poster paper, molded (tableware) products, bagasse pith pallets and egg tray. The Company provides regenerative packaging for food carry, packaging and service. The Company's products include food carry materials, molded food service ware, flexible packaging and agricultural pulp. The food carry materials are used for McDonaldâs takeaway, food grocery bags, bakery bags, and Myntra e-commerce bags. CHUK is a tableware product is made from agricultural waste like sugarcane pulp and is microwaveable, oven able and freezable. Specialty papers, such as greaseproof, glassine, release base, parchment, tissues, and even molded products are made from its wet lap pulp. Its materials for carry bags are created from agricultural residue sourced locally. The Company's subsidiaries include Pakka Inc., Pakka Pte Ltd., and Pakka Impact Limited.
