Dhanuka Agritech grew by 14.8% in Q2 FY 2017

Revenue of Dhanuka Agritech Ltd grew by 14.8% yoy to Rs 310.22 cr in the second quarter of fiscal year 2017 which ended September 30, 2016.

 

EBITDA increased by 30.7% yoy to Rs 70.76 cr led by EBITDA margins expansion of 279 bps yoy to 22.8%. This was primarily driven by operational efficiencies. 

 

Net profit increased by 30.5% to Rs 49.21 cr. Also other income saw a jump of 224% yoy adding to bottomline.