Chemical | 10 November 2020
Zuari Agro returns to profit in Q2
Company has posted net profit of Rs 15.80 crore in Q2
Company has posted net profit of Rs 15.80 crore in Q2
Company reported 5.65% YoY growth in Q2 top line revenues at Rs 221.59 crores on a consolidated basis
Company recently received Rs. 1,125 crore capital injection from Goldman Sachs taking the overall valuation to US $3.94 billion
Located in the Praj Matrix R&D campus, the plant deploys Praj’s technology which utilizes a proprietary microbial consortium made from feedstock such as agri residues and press mud.
Company's net income also declined by 8.71% YoY and stood at Rs 460.89 crore during in Q2 versus Rs 504.86 crore in the year-ago quarter
Company's net profit increase 34.57% YoY and stood at Rs 66.28 crore for the second quarter
The awards are given to motivate the individuals/organizations who are doing commendable work in the field of water resources conservation and management
For Q2, company registered revenue of Rs 13,816 million as compared to Rs 13,463 million previous year
Company recently won a medium-sized order of Rs 3.2 billion from Assam Bio Refinery Private Limited
The overall revenue stood at Rs. 104.32 crore in H1 FY21 versus Rs. 67.61 crore in the corresponding half year of last year
Company's Q2 revenues grew 14% YoY and stood at Rs. 344.17 crore
Consolidated sales for the quarter was Rs.480 crore as against Rs.445 crore in the corresponding quarter in 2019-2020
Q2 FY21 revenue was down 21.7% to reach Rs. 43.35 crore and net profit after tax was down 25.6% to reach Rs. 1.80 crore
He said that Indian manufacturers have the capability to make efficient EVs that can not only create more jobs but also provide opportunities for exports
The company reported sales of €1.9 billion (€2.2 billion in Q3'19) which is a 9% decline at constant scope and currency (-18% in Q2'20), in line with the guidance of around -10% issued in end July by the company.
Partnership aims to provide hassle free payment options to Indian farmers via digital platform
Sales decline by 14.3 percent to EUR 1.461 billion in Q3
Revenue for Q2 FY 20-21 reached Rs. 411.74 crore
Company has also reported a turnover of Rs. 1,047 crore for the quarter as compared to Rs. 931 crore during the same period last year
The shortlisted 447 enthusiasts from 100 teams participated in the hackathon on the five problem statements provided by 3 central Government Ministries – Ministry of Agriculture and Farmers’ Welfare; Ministry of Road Transport and Highways; and Ministry of Education
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