Shares of Jubilant Ingrevia fell almost 5% on Thursday after the company’s Q1 FY25 results showed a decline in both EBITDA and revenue.
Jubilant Ingrevia reported a 15.36% decline in consolidated net profit to Rs 48.74 crore in Q1 FY25, compared to Rs 57.59 crore in Q1 FY24. The total revenue from operations stood at Rs 1,024.34 crore, down 4.71% from Rs 1,075.02 crore in the same quarter last year.
Profit before tax was Rs 66.03 crore in the first quarter of FY25, down 23.14% from Rs 81.31 crore in Q1 FY24. EBITDA declined 5% to Rs 119 crore in Q1 FY25, compared to Rs 125 crore in Q1 FY24. Despite the decline, the EBITDA margin remained constant at 12%.
As of 10:00 AM, the shares were trading 4.43% lower at ₹560.95 on the NSE.
