Kanpur Plastipack Q2 FY27 Profit Soars 107% YoY

Consolidated net profit reached Rs 16.06 crore while revenue climbed to Rs 223.23 crore.

Reader Takeaway: Strong profit growth driven by the manufacturing segment, though investors should monitor future sustainability of trading margins.

What just happened

Kanpur Plastipack Limited released its consolidated financial results for the quarter ended September 30, 2026. The company reported a significant surge in profitability, with net profit rising to Rs 16.06 crore from Rs 7.73 crore in the corresponding quarter last year—an increase of 107.8%. Revenue from operations saw a robust expansion of 37.8%, totaling Rs 223.23 crore compared to Rs 161.96 crore in Q2 FY26.

Segment Performance

The company generates revenue through two primary segments: Manufacturing (covering FIBC, fabric, and yarn) and Trading. The Manufacturing segment emerged as the primary growth engine for the quarter, contributing Rs 160.47 crore in revenue with a segment result of Rs 21.38 crore. The Trading division generated Rs 79.75 crore in revenue with a segment result of Rs 2.10 crore.

Corporate Actions

The Board of Directors confirmed the successful completion of the warrant conversion process. On August 13, 2026, 93,500 equity shares were converted as part of the issuance originally approved by the stock exchanges in July 2025. With this transaction, there are no further outstanding warrants under this specific issuance, marking the conclusion of this capital restructuring phase.

What to track next

Investors should focus on the sustainability of the current growth trajectory across both the manufacturing and trading divisions. The impact of the increased asset base on future return ratios and the company's ability to maintain high operating margins in the coming quarters will be key areas to monitor for shareholders.