The pesticide and insecticide chemical manufacturing company, Dhanuka Agritech, has demonstrated exceptional performance. Let's examine the company's income and net profit, along with the declared dividend.
New Delhi: Shares of Dhanuka Agritech, a manufacturer of pesticides and insecticide chemicals, saw a significant surge on Friday, May 16th. By 2:14 PM, the company's shares were trading at ₹1,628, reflecting a 12.1% increase.
Dhanuka Agritech's Net Profit Shows Significant Growth
Dhanuka Agritech exhibited b performance in the March quarter. The company's net profit increased by 28.8% year-on-year, reaching ₹76.6 crore. This increase reflects a clear improvement in the company's profitability.
Improvement in Company Revenue and EBITDA
Dhanuka Agritech's total revenue also increased by 20%, rising from ₹368.3 crore to ₹442 crore. Furthermore, the company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 37%, reaching ₹109.8 crore. This indicates improvements in both operational efficiency and profitability.
Improved EBITDA Margin for Dhanuka Agritech
Dhanuka Agritech also saw a significant improvement in its EBITDA margin compared to the previous year. The margin increased from 21.8% to 24.8%, representing a rise of approximately 300 basis points. This increase clearly signals improved profitability and more efficient operations.
Dhanuka Agritech Declares ₹2 per Share Dividend
The board of Dhanuka Agritech has proposed a dividend of ₹2 per share to its shareholders. This dividend will be applicable only after shareholder approval at the upcoming Annual General Meeting (AGM). The record date for the dividend is set for July 18, 2025.
Amidst b financial performance, shares of Dhanuka Agritech, the pesticide manufacturing company, saw a remarkable 12% surge on Friday, trading at ₹1,628. The company increased its net profit by 28.8% to ₹76.6 crore in the March quarter, while revenue grew by 20% to ₹442 crore. The dividend announcement adds to the good news for investors following this exceptional performance.
