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Pakka's Wrap & Carry packaging segment revenue rises 75% in Q2FY27

Pakka's Wrap & Carry packaging segment reported revenue of USD 11.2m (Rs 105.28 crore) in the quarter ended September 2026, up 75% year on year from USD 6.4m (Rs 60.06 crore), with segment profit before tax rising to USD 1.08m (Rs 10.11 crore) from USD 0.16m (Rs 1.46 crore). Pakka also disclosed a new interleaving-paper supply agreement with Reliance for what it describes as India's largest solar-glass facility, without disclosing contract value or start date.

Why this mattersA new interleaving-paper supply deal with a major industrial customer signals Pakka's diversification beyond core packaging paper into solar manufacturing supply chains.

  • Wrap & Carry revenue rose 75% to USD 11.2m (Rs 105.28 crore) in Q2FY27 from USD 6.4m (Rs 60.06 crore) in Q2FY26
  • Segment profit before tax rose to USD 1.08m (Rs 10.11 crore) from USD 0.16m (Rs 1.46 crore), margin up 7.2 points to 9.6%
  • Wrap & Carry volume rose 40% to 10,722 tonnes from 7,659 tonnes
  • Company-level EBITDA rose to USD 3.5m (Rs 33 crore) in H1FY27 from USD 1.7m (Rs 16.2 crore), margin up to 13.7% from 10.3%
  • Pakka signed a new interleaving-paper supply deal with Reliance for India's largest solar-glass facility, with no disclosed contract value
  • H1FY27 reported profit before tax was USD 1.4m (Rs 13 crore), adjusted to USD 1.9m (Rs 17.7 crore) after a USD 0.5m (Rs 4.7 crore) one-time disposal loss
Reliance Industries counterparty Pakka Ltd
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