Khaitan Chemicals & Fertilizers has reported a net profit of Rs 12.55 crore in Q3 FY25 as compared with a net loss of Rs 26.96 crore in Q3 FY24.
Revenue from operations jumped 56% YoY to Rs 198.76 crore during the quarter.
Total expenses increased 29% to Rs 198.01 crore in Q3 FY25 over Q3 FY24, primarily due to higher raw material costs (up 51% YoY).
The company posted a pre-tax profit of Rs 0.96 crore in the third quarter as against a pre-tax loss of Rs 25.22 crore in the same period last year.
The firm had written back taxes aggregating to Rs 11.59 crore in Q3 FY25. Tax outgo in Q3 FY24 was Rs 1.73 crore in Q3 FY24.
Khaitan Chemicals & Fertilizers manufactures single super phosphate (SSP) and sulphuric acid with operations in Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh and Gujarat.
Also Read
The scrip slipped 1.67% to currently trade at Rs 73.50 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content