Pakka Limited has raised INR 244.7 crore to double its production capacity and build the world’s first compostable flexible packaging facility in Ayodhya, set to be operational by December’25.
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In celebration of Earth Day, Pakka along with other 14 companies has committed to end sourcing from Ancient and Endangered Forests in their textile and packaging supply chains, demonstrating their dedication to people and the planet. This commitment is part of the CanopyStyle and Pack4Good initiatives from solutions-driven environmental not-for-profit Canopy. Other forward-thinking fashion and lifestyle brands in today’s announcement include John Lewis & Partners, Kering, Groupe Beaumanoir, Zadig & Voltaire, C&A, PANGAIA, City Threads, 2WO+1NE=2, Zeus + Dione, and House of Hackney.
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Ayodhya: Ahead of the much-awaited inauguration of Ram Mandir in Ayodhya, Pakka Limited, formerly known as Yash Pakka Limited, a manufacturer of compostable packaging solutions, has forged a sustainable alliance with Ram Mandir Trust. This partnership aims to foster sustainability and eco-friendly practices during and after the momentous event in Ayodhya around the premises of Ram Mandir. The collaboration aims to promote sustainability, reduce waste, and create a positive environmental impact in accordance with Uttar Pradesh Government's initiative to make Ayodhya a plastic free zone.
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Pakka Ltd. announced its financial results for Q3 (October to December) of the current fiscal year 2023-24. The company recorded an INR 9,933.74 lakhs revenue from operations and INR 1,666.28 lakhs profit before tax (PBT) in the 3rd quarter of the current fiscal. Nine-month revenue from operations for the current fiscal stood at INR 31,016.35 lakhs and PBT at INR 5,699.77 registering a growth against last year, same period.
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In this exclusive interview with ET Now, Gautam Ghosh, Pakka's Executive Director, discusses our collaboration with Mandir Trust for Ayodhya Ram Mandir Consecration ceremony, our upcoming initiatives for sustainable dining, challenges for businesses, and opportunities for a cleaner future.
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