Heranba Industries Limited reports Q1FY25 results: Revenues at ₹ 297.39 crore and PAT at ₹ 16.62 crores

Date:08-13-2024

Heranba Industries Ltd. (BSE: 543266, NSE: HERANBA, ISIN: INE694N01015), one of India’s leading Agrochemical company has announced its financial results for first quarter ended June 30^th, 2024.

Financial Snapshot:

Financial Highlights for Quarter Ended June 30^th, 2024:

• Revenue from Operations at ₹ 297 Crores in Q1FY25 as compared to ₹ 281 Crores in Q1FY24.

• EBITDA at ₹ 41 Crores during the quarter with EBITDA Margins at 13.99% in Q1FY25.

• Profit After Tax stood at ₹ 17 Crores in Q1FY25 as compared to loss of 5.61 Crores in Q1FY24.

Mr. Raghuram K. Shetty, Managing Director of Heranba Industries Limited, commented, ″I am pleased to report that we have maintained our growth momentum in the first quarter of FY25 by reporting a strong set of numbers. We saw an increase of 6 % in our revenues and 17 Crores PAT in Q1FY25. Our continued growth trajectory in yet another year and quarter shows the strong and resilient DNA that we are built on. We are dedicated to accelerating revenue growth and productivity efforts in order to achieve significant margin expansion, and we continue to view FY25 as a crucial acceleration point in Heranba's trajectory.″