Nov. 8, 2024
Revenue from operations grows 5.9% Y-O-Y to Rs 654.28 Crore in Q2
EBITDA improves 12.7% Y-O-Y to Rs. 159.58 Crore
Dhanuka Agritech, one of India’s leading agrochemical companies, announced its financial results for the second quarter of the 2024-25 fiscal year, reporting robust growth across key performance indicators.
Gurugram-headquartered firm clocked Rs. 117.52 crore profit during July-September quarter 2 of FY'25, up 15.5% from the same quarter of the previous fiscal year.
Financial Performance Update
Management’s Perspective on Q2FY25 Performance
Reflecting on the company’s second-quarter performance, Mr. Mahendra Kumar Dhanuka, Chairman of Dhanuka Agritech, stated, ″Our Q2 performance reflects both strong demand for our portfolio and our strategic approach in meeting market needs during this critical agricultural season. The monsoon’s timely arrival, along with our streamlined distribution, has bolstered our supply chain and fostered positive growth in this quarter."
Mr. Dhanuka added, ″The sowing season has been strong, with substantial acreage in key crops as we anticipated. The forecast of a normal monsoon has supported a robust demand trajectory. As we move forward, we are strategically positioned to sustain growth and strengthen our EBITDA margins while delivering value to our distribution network and our customers."
Commitment to Innovation and Farmer Education
Dhanuka Agritech continues to lead in introducing advanced technologies for Indian agriculture. The company remains committed to training and educating farmers through nationwide initiatives, sharing best practices on agrochemical application. Dhanuka’s mission to bridge the gap in per-acre agrochemical usage compared to global standards is reinforced by these programs, enhancing productivity and sustainable farming.
Subscribe Email: | * | |
Name: | ||
Mobile Number: | ||
0/1200