Heranba Industries reports Q2 FY25 PAT at Rs. 37.65 Cr
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Heranba Industries reports Q2 FY25 PAT at Rs. 37.65 Cr

Revenues at Rs. 737.87 crore and PAT at Rs. 54.26 crore in H1 FY25

  • By ICN Bureau | November 13, 2024

Heranba Industries Ltd., one of India’s leading Agrochemical companies, has announced its financial results for second quarter and half year ended Sept 30, 2024.

The company has posted net profit of Rs. 37.65 crore in Q2 FY25 as compared to Rs. 26.91 crore in Q2 FY24. Revenue from Operations in Q2 FY25 stood at Rs. 440.48 crore as compared to Rs. 426.13 crore in Q2 FY24. Revenue was Rs. 297.39 crore in Q1 FY25.

For H1 FY25, Heranba posted Revenue from Operations at Rs. 737.87 crore in H1FY25 as compared to Rs. 707.13 crores in H1FY24. EBITDA at Rs. 104.04 crore with EBITDA margins at 14.10% in H1FY25 as compared to Rs. 47.90 crores with EBITDA Margins at 6.77% in H1FY24. Profit after tax stood at Rs. 54.26 crore in H1FY25 as compared Rs. 21.30 crore in H1FY24.

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 half of FY25 by reporting a strong set of numbers. We saw an increase of 5% in our revenues and 54 crore PAT in H1FY25. 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.”

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