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 31st December 2024.

The company has posted an increase of 109 per cent in its PAT at Rs. 16 crore in Q3 FY25 as compared to Rs. 7.6 crore in Q3 FY24. Q3 FY25 Revenue from Operations stood at 217 crores; an increase of 24 per cent per cent Y-o-Y.

Commenting on the performance, Punit Makharia, Chairman and Managing Director said: "We are pleased to present our Q3 FY25 financial results, demonstrating strong revenue growth and operational improvements. Despite a challenging market environment, we maintained our focus on driving efficiencies and enhancing profitability.

“For Q3 FY25, revenue from operations increased by 24 per cent year-on-year to Rs. 217.1 crore, supported by a strong performance in the Fertiliser division. Profitability improved significantly, with EBITDA rising 61 per cent to Rs.22.4 crore, leading to an EBITDA margin expansion from 8 per cent in Q3 FY24 to 10.3 per cent. PAT more than doubled to Rs. 15.9 crore, reflecting a 109 per cent year-on-year increase, with PAT margins improving from 4.3 per cent to 7.3 per cent.

“Segment-wise, the Fertiliser division continued its growth trajectory, reporting a 58% increase in revenue and a 50 per cent rise in volumes year-on-year. The Chemicals division delivered stable performance with a 4 per cent revenue growth, showing a sequential improvement of 20 per cent over Q2 FY25.

“Our disciplined financial approach remains a priority, with non-lien deposits strengthening to Rs. 146.19 crore, ensuring financial flexibility for future investments. During the quarter, we invested Rs. 16.41 crore in capital expenditure across both divisions, reinforcing our commitment to capacity expansion and operational enhancements. Additionally, the merger of our wholly-owned subsidiaries, Madhya Bharat Phosphate Private Limited and Kisan Phosphates Private Limited, is expected to create synergies and optimize efficiencies.

“Looking ahead, we continue to prioritize sustainable growth through strategic investments, disciplined capital allocation and operational excellence. Our focus remains on leveraging market opportunities while maintaining a strong financial position to support long-term value creation."