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Dhanuka Agritech Ltd. — Earnings Release 2025
Nov 6, 2024
61335_rns_2024-11-06_c1f904aa-0928-49fc-a27d-f1cf8803041d.pdf
Earnings Release
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Date: 6[th] November, 2024
Listing Department The Department of Corporate ServicesNational Stock Exchange of India Listing Limited The BSE Ltd. Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Dalal Street, Bandra- Kurla Complex, Mumbai- 400 001 Bandra East, Mumbai-400 051 Symbol- DHANUKA Scrip Code : 507717
Sub: Press Release- Un-Audited Standalone & Consolidated Financial Results of the - Company for the Quarter and Half Year ended September 30, 2024
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is a copy of the Press Release with regard to the Un-Audited Standalone & Consolidated Financial Results of the Company for the Quarter and Half-Year ended September 30, 2024.
A copy of the Press Release is also uploaded on the website of the Company at www.dhanuka.com
Please take the above information in your record.
Thanking you,
For Dhanuka Agritech Limited
JITIN Digitally signed by JITIN SADANA SADANA Date: 2024.11.06 19:08:37 +05'30'
Jitin Sadana Company Secretary and Compliance Officer FCS-7612
Registered & Corporate Office : Global Gateway Towers, Near Guru Dronacharya Metro Station, MG Road, Gurugram-122002, Haryana
Tel: +91-124-434-5000, Email: [email protected], Website: www.dhanuka.com CIN: L24219HR1985PLC122802
Dhanuka Agritech Q2 Net Profit Up 15.5% YOY to Rs. 117.52 Crore
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Revenue from operations grows 5.9% Y-O-Y to Rs 654.28 Crore in Q2
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EBITDA improves 12.7% Y-O-Y to Rs. 159.58 Crore
New Delhi, October 21, 2024 – 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
| INR crore (Unless otherwise stated) |
Q2FY25 | Q2FY24 | YoY (changed %) |
|---|---|---|---|
| Revenue from Operations | 654.28 | 617.92 | 5.9% |
| Profit Before Tax (PBT) | 156.66 | 136.7 | 14.6% |
| Profit After Tax (PAT) | 117.52 | 101.77 | 15.5% |
| EBITDA | 159.58 | 141.58 | 12.7% |
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.
About Dhanuka Group
Dhanuka Group, one of India’s foremost plant protection companies, is publicly traded on both BSE and NSE. Operating through four manufacturing units across Gujarat, Rajasthan, and Jammu & Kashmir, Dhanuka’s expansive distribution network comprises 41 warehouses, 6,500 distributors, and around 80,000 retailers. With international partnerships introducing cutting-edge agricultural
technology, Dhanuka serves approximately 10 million farmers across India, supported by a skilled workforce of over 1,000 techno-commercial staff and a strong R&D division.
For media information:
Dhanuka Agritech: Nishtha Saxena / 9911236995 / [email protected]