Kanpur Plastipack Reports Strong Q3 &9M FY26 Performance, Exports Surge, New JV Incorporated
Kanpur Plastipack Ltd., a trusted 'Bharat Brand' with over five decades of experience in industrial packaging, announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The company reported a total income of 319,523 lakh for Q3 FY26, up 19.3% YoY, and a net profit of 3919 lakh, up 23.0% YoY. For 9M FY26, the total income stood at 354,356 lakh, up 19.9% YoY, and the net profit surged 205.3% YoY to 32,366 lakh. The company's exports remained a key growth driver, with total export volumes at 5,928 MT in Q3 FY26 and 18,895 MT in 9M FY26. Kanpur Plastipack also incorporated a new joint venture company, ESSEKAN Private Limited, in a 50:50 JV with Essegomma S.p.A., Italy, to offer high-performance polypropylene yarn.
Key Highlights
- Total income up ~20% YoY to 354,356 lakh in 9M FY26
- Net Profit surges 205% YoY to 32,366 lakh
- Exports remain a key growth driver, led by Europe and the Americas
- Incorporation of ESSEKAN Private Limited, a 50:50 joint venture with Italy’s Essegomma S.p.A.
- Expanding into B2C applications through premium PP yarns and non-woven fabrics for automotive, furniture, and lifestyle segments