Sadhana Nitro Chem Ltd., a prominent manufacturer specializing in intermediate specialty chemicals, has reported net PAT growth of 1,325% to Rs. 1.14 crore whereas revenue was down by 8% YoY to reach Rs. 36.10 crore.

Commenting on the Q1FY25 Performance, Management said, "We are pleased to report strong profitability growth in Q1FY25. Our revenue from operations saw a slight decline of 8% YoY, amounting to Rs. 36.10 crore, primarily due to production downtime caused by scheduled plant maintenance, technical operations of debottlenecking and installation of additional production capacity in the PAP plant during the quarter. However, our continued focus on operational efficiencies and cost management has led to a significant improvement in our profitability metrics which we are confident will further reflect in the numbers of the upcoming quarters of FY-25."

The EBITDA for the quarter grew by 16% YoY to Rs. 9.91 crore, reflecting our ability to optimize resources and maintain margins in a competitive environment. More notably, our Profit After Tax (PAT) witnessed an impressive 1140% YoY increase to Rs. 0.62 crore, underscoring our commitment to driving shareholder value. The Total Comprehensive Income (Net PAT) saw a remarkable 1325% YoY growth, reaching Rs. 1.14 crore.

We continue to work diligently on our upcoming rights issue, which remains a critical component of our strategic growth plans. We have received a set of queries from the Exchanges on our application and the same has been replied promptly and comprehensively. We expect the approval to be received shortly.

Looking ahead, we remain optimistic about the upcoming quarters and are confident in our ability to navigate the challenges and leverage opportunities in the market. Our focus remains on enhancing operational efficiencies, driving innovation, and delivering sustainable growth.”