EPL Limited reported a 25.3% year-on-year increase in revenue to Rs 13.88 billion for Q1 FY27, marking its highest-ever top-line growth. The packaging solutions company also recorded its fifth consecutive quarter of double-digit revenue growth.

Growth was broad-based across geographies and categories, with Beauty & Cosmetics and Oral Care both registering growth of more than 20%. On an underlying basis, excluding the pass-through impact of higher raw material prices, revenue increased 20%.

EBITDA rose 15.2% year-on-year to Rs 2.61 billion, marking the company’s 15th consecutive quarter of double-digit EBITDA growth. EBITDA margin stood at 18.8%, while the underlying EBITDA margin was 19.6%.

Profit before tax increased 10% year-on-year, while PAT declined 1.4%. EPL attributed the difference primarily to a lower effective tax rate in the corresponding quarter of the previous year and expects the impact to normalise over the full year.

Hemant Bakshi, MD & Global CEO, EPL Limited, said the performance reflected strong execution across geographies and core categories despite continued global volatility. He added that the company’s momentum had enabled it to raise its revenue growth outlook while maintaining its underlying margin target.

All regions delivered double-digit growth during the quarter. EAP revenue increased 34.3%, followed by the Americas at 29.4%, Europe at 20.2% and AMESA at 17%. India recorded revenue growth of 19.9%.

Beauty & Cosmetics revenue grew 23.6% year-on-year, while Oral Care increased 23.9%. Personal Care & Beyond accounted for 54% of EPL’s portfolio and recorded growth of 25.1%.

Sustainable tube formats contributed 44% of total sales during the quarter. EPL also received an EcoVadis Platinum rating, placing it among the top 1% of companies globally for ESG performance, according to the company.

EPL recently announced a definitive agreement to merge with Indovida, which is expected to create an entity with revenue of around $1 billion and a combined valuation of $2 billion, subject to regulatory and other approvals. The company has received approval from the Competition Commission of India and anti-trust clearances across eight countries.

Based on its recent performance and current business environment, EPL has raised its revenue growth guidance to the high-teens for the next few quarters, while maintaining its underlying EBITDA margin target at 20%.