TCPL Packaging Limited (TCPLPACK)
Press Release on New Line of Business
Strategic entry into lithium-ion battery separator film manufacturing through a new subsidiary.
- Proposed investment of Rs. 125 crore over 18 months.
- Commercial production targeted for Q4 FY2028.
- Initial capacity of 70 million sq. meters per annum, scalable to 500 million sq. meters over 5-7 years.
- Supports 6-8 GWh initial lithium-ion battery cell production capacity.
- Aligns with India's growing demand for battery storage and EVs.
- Investment funded by internal accruals and debt.
Source: Original filing PDF
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🚨 TCPLPACK — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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