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New Delhi, Jul 24 (PTI) EPACK Durable, an outsourced design manufacturer of room air conditioners, on Wednesday reported an over two-fold jump in its consolidated net profit to Rs 23.40 crore in the June 2024 quarter.

The company posted a consolidated profit of Rs 8.73 crore in the April-June quarter a year ago, according to a regulatory filing.

EPACK Durable, an outsourced design manufacturer of room air conditioners, reported a substantial rise in its consolidated net profit for the June 2024 quarter, reaching Rs 23.40 crore. This marks a significant increase from Rs 8.73 crore in the same quarter last year. The company’s revenue from operations also saw a sharp rise of 77.16%, while total expenses increased by 75.84%. Shares of EPACK Durable closed at Rs 273.05, up 2.40% on Wednesday.

Sales rise 77.17% to Rs 773.68 crore.

Net profit of Epack Durable rose 168.16% to Rs 23.41 crore in the quarter ended June 2024 as against Rs 8.73 crore during the previous quarter ended June 2023. Sales rose 77.17% to Rs 773.68 crore in the quarter ended June 2024 as against Rs 436.70 crore during the previous quarter ended June 2023. Particulars Quarter Ended Jun. 2024Jun. 2023% Var.Sales773.68436.70 77 OPM %6.666.64 -PBDT43.6319.98 118 PBT32.3112.23 164 NP23.418.73 168.

NEW DELHI: (Jul 24) EPACK Durable, an outsourced design manufacturer of room air conditioners, on Wednesday reported an over two-fold jump in its consolidated net profit to Rs 23.40 crore in the June 2024 quarter.

EPACK Durable announced an expansion of its leadership team with the appointment of Maneesh Bahuguna as Head of the RAC Business Segment. This move reinforces EPACK Durable’s commitment to growth and innovation, with an aim to solidify the company’s market presence and operational excellence.

New Delhi: EPACK Durable, a leading Indian RAC manufacturer, boosts its leadership by appointing Maneesh Bahuguna as Head of RAC Business. This showcases their dedication to growth and operational excellence, strengthening market position.

EPACK Durable has announced expansion of its leadership team with the appointment of Mr. Maneesh Bahuguna as Head of the RAC Business Segment. This strategic move reinforces EPACK Durable’s commitment to growth and innovation, with an aim to solidify the company’s market presence and operational excellence.

After being associated with UNO MINDA Group as Head- Domain Marketing for more than one-and-a-half years now, Saurabh Srivastava has now joined EPACK Durable in the capacity of VP- Sales and Marketing for SHA and Components. In his new role, he will be responsible for strategizing the growth and sales of the company’s product portfolio.

EPACK Durable Ltd. (EDL), India’s one of the largest Original Design Manufacturer (ODM) for Room Air Conditioners (RACs) today announced the appointment of Mr. Saurabh Srivastava as its Vice President in Sales & Marketing – SHA & Components. The new position at the leadership level is a testament to EDL’s growing business and their futuristic vision.

Srivastava has held key positions in organizations like UNO MINDA Group, Joyson Safety System, Anand Group India, MAHLE Behr India Private Limited, Motherson Group amongst a few other companies.

AC की मांग इस साल 20-25% बढ़ने की उम्मीद… लागत में कमी से AC की कीमतों में कमी आई है… AC की लागत में करीब 10% की कमी आई है: अजय सिंघानिया, MD & CEO, Epack Durable

EPACK Durable Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 5,257 million compared to INR 6,390.81 million a year ago.