Containers & Packaging company Xpro India announced H1FY25 & Q2FY25 results Financial Highlights: Revenue for Q2FY25 increased by 21.8%. Operating EBITDA (excludes other income) for Q2FY25 lower at Rs 13.2 crore QoQ, reflecting above conditions. Profit before tax for Q2FY25 higher at Rs 13.7 crore. Both PBT and PAT in H1FY25 higher than in H1FY24 by 12.0 % and 15.3 % respectively. EPS (basic) for Q2FY25 at Rs 4.51. Operational Highlights: Aggregate production at 16,879 MT higher by 16.4% YoY even as installed capacities remain unchanged. Unbroken demand for Xpro dielectric films with market share maintained. Consumer durable market strong during the quarter; higher offtake by 27.1% YoY. Despite volume improvements, operating results do reflect varying market conditions prevailing in Q2. Nevertheless, Profit After Tax higher by 4.8% YoY. Though turnover was higher in value, operating EBITDA was lower owing to (a) higher proportion of sheets (intrinsically lower margin levels than dielectric films); (ii) dielectric films volume was capped by capacity, and prices were also softer in the quarter (not viewed as a lasting trend); and (iii) impact of incorporation and lease expenses of Xpro Dielectric Films FZLLC (wholly owned subsidiary in UAE), as per accounting standards. It is reasonably expected that bottom-line resilience should continue to reflect our sound operations, competitive edge, and market prospects for technically robust product offerings, calling attention to our focussed leadership strategy. Expansion to double capacity at Barjora has made significant progress, and can be reasonably expected to commence operations in FY25 as announced earlier. The second expansion line for dielectric films is being implemented by the wholly owned subsidiary in UAE (as already announced) and progress generally as per planned timeline. Borrowings during the period are principally long-term supplier’s credit for imported capital equipment. Result PDF