CCL Products Reports Robust Q2 Performance with 306% Surge in Standalone Net Profit
CCL Products (India) Limited announced impressive Q2 financial results. Standalone net profit increased by 306% to Rs. 112.26 crores, with revenue from operations rising 28% to Rs. 559.18 crores. Half-year standalone net profit grew 172% to Rs. 143.63 crores. Consolidated Q2 net profit reached Rs. 100.87 crores, with revenue up 53% to Rs. 1,126.73 crores. The company also approved a strategic investment in renewable energy, acquiring a 26% stake in Mukkonda Renewables Private Limited for Rs. 12.12 crores.

*this image is generated using AI for illustrative purposes only.
CCL Products (India) Limited , a leading instant coffee manufacturer, has announced its financial results for the second quarter ended September 30, showcasing a remarkable performance across key financial metrics.
Standalone Financial Highlights
The company reported a substantial increase in its standalone net profit for Q2, which surged by 306% to Rs. 112.26 crores, compared to Rs. 27.62 crores in the corresponding quarter of the previous year. This impressive growth was accompanied by a 28% rise in revenue from operations, reaching Rs. 559.18 crores, up from Rs. 436.90 crores in Q2 of the previous year.
Half-Year Performance
For the half-year period ended September 30, CCL Products' standalone performance continued to show strong momentum:
- Net profit reached Rs. 143.63 crores, marking a significant 172% increase from Rs. 52.77 crores in the previous year.
- Revenue from operations grew by 26% to Rs. 1,093.99 crores, compared to the same period last year.
Consolidated Results
On a consolidated basis, the company's performance for Q2 was equally impressive:
- Net profit stood at Rs. 100.87 crores, up from Rs. 73.95 crores in the same quarter last year.
- Revenue saw a substantial increase of 53%, reaching Rs. 1,126.73 crores.
Key Financial Metrics
| Particulars (Standalone) | Q2 Current Year | Q2 Previous Year | YoY Change |
|---|---|---|---|
| Net Profit | ₹112.26 Cr | ₹27.62 Cr | 306% |
| Revenue from Operations | ₹559.18 Cr | ₹436.90 Cr | 28% |
Strategic Investment in Renewable Energy
In a move towards sustainable operations, CCL Products' board has approved a modified acquisition plan for a 26% stake in Mukkonda Renewables Private Limited. The total investment of Rs. 12.12 crores will be jointly made by CCL Products (20.54%) and its subsidiary CCL Food and Beverages (5.46%). This strategic investment aims to secure access to 10 MWs of renewable wind and solar energy, potentially leading to reduced energy costs and enhanced operational stability.
Management Commentary
Challa Rajendra Prasad, Executive Chairman of CCL Products (India) Limited, stated, "Our Q2 results reflect the company's robust growth trajectory and operational efficiency. The significant increase in profitability, both on a standalone and consolidated basis, underscores the effectiveness of our strategic initiatives and market positioning. Furthermore, our investment in renewable energy aligns with our commitment to sustainable practices and long-term cost optimization."
Outlook
With its strong financial performance and strategic investments, CCL Products appears well-positioned to capitalize on growth opportunities in the instant coffee market. The company's focus on operational efficiency and sustainability initiatives may contribute to its continued success in the coming quarters.
Investors and stakeholders will likely keep a close watch on how CCL Products leverages its strong Q2 performance to drive future growth and maintain its market leadership in the instant coffee segment.
Historical Stock Returns for CCL Products
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.31% | +4.47% | +5.10% | +49.93% | +32.70% | +267.59% |





































