Sadhana Nitro Chem Ltd. (SNCL), a prominent manufacturer specialized in intermediate speciality chemicals, has reported Q2 FY25 revenue at Rs. 32.71 crore. 

Commenting on the Q2 FY25 Performance, Management said, "Sadhana Nitro Chem (SNCL) has reported a resilient quarter, with Revenue from Operations up 6% quarter-on-quarter to Rs. 32.71 crore and EBITDA up 4% quarter-on-quarter to Rs. 9.71 crore. Profit Before Tax (PBT) increased by 10% and Profit After Tax (PAT) soared by 1,275% QoQ. Our year-on-year performance was impacted by the continued challenge of Chinese dumping, which has weighed on our financials. The unsustainable margins of Chinese manufacturers are expected to shift eventually in our favour, ensuring an optimistic recovery ahead."

"Following up on the Production Linked Incentive (PLI) Scheme, SNCL has submitted a formal request to the Department of Pharmaceuticals (DoP), GoI, along with necessary trade data requesting the DoP’s assistance in combating the blatant Chinese Dumping of Para-amino-Phenol (pAP) into India. Based on the interactions with the DoP, SNCL is optimistic that the pAP industry will receive the necessary support through trade measures from the relevant departments tasked with safeguarding PLI initiatives. Any trade measures will safeguard the industry, ensure fair competition, and boost 'Make in India' efforts for this important intermediate in paracetamol production. Our focus remains on delivering value to our stakeholders while working towards a more stable and sustainable growth trajectory,” added Management.