Shree Pushkar Chemicals & Fertilisers Limited (Shree Pushkar), a leading manufacturer of Dyes, Dye Intermediates and Fertilisers, has announced its Financial Results for the quarter ended 30th June 2024.

During Q1 FY25, the company reported revenue from operations at Rs. 194.2 crore as compared to Rs. 175.5 crore, reflecting an increase of 10.7 per cent. Revenue from operations stood at Rs. 190.8 crore in Q4 FY24. The company posted PAT of Rs. 12.8 crore in Q1 FY25 as compared to Rs. 7.88 crore in Q1 FY24, reflecting a growth of 62.6 per cent. The company posted a net profit of Rs. 13.1 crore in Q4 FY24.

Commenting on the performance, Punit Makharia, Chairman and Managing Director said: “Reflecting on our performance in Q1 FY25, I am pleased to share that our company has continued to navigate the complexities of the economic environment, achieving commendable results across several key metrics.

“Our operational performance was solid, with sales volumes showing strong growth across both chemicals and fertilisers. Specifically, chemicals recorded an 40% quarter-on-quarter increase and a 17.8% year-on-year growth, while fertilisers experienced a 22.1% quarter-on-quarter and a 23.5% year-on-year rise in sales volumes. This led to a significant overall volume growth of 25.1% quarter-on-quarter and 22.4% yearon-year, underscoring our ability to capitalize on market opportunities effectively.

“In terms of financial performance, our total revenue increased by 1.8% quarter-on-quarter and 10.7% year-on-year to Rs. 194.2 crores. The Fertilisers segment was a key driver of this growth, with a 21.9% increase in revenue quarter-on-quarter and a 14% rise year-on-year. The Chemicals segment still managed a 6.9% year-on-year growth, demonstrating resilience amidst challenges.

“Profitability metrics displayed a mixed trend. While our EBITDA achieved a substantial 26.2% year-on-year growth. Similarly, profit for the quarter stood at Rs. 12.8 crores a significant 62.6% growth year-on-year.

“Additionally, as of 30th June 2024, our non-lien deposits stood at Rs. 107.52 crores, reflecting our continued focus on strengthening our financial position and ensuring adequate liquidity to support futuregrowth initiatives.

“As we move forward, our focus remains on leveraging our strengths in both Chemicals and Fertilisers, driving operational efficiencies, and sustaining our growth momentum. We remain committed to delivering long-term value to our shareholders through strategic investments and prudent financial management.”