Fertilizers and Chemicals Travancore Ltd (FACT) reported strong quarterly performance for Q2 FY25, with notable increases in revenue and a return to profitability.
Key Financial Highlights (YoY)
- Revenue from Operations: FACT posted revenue of ₹1,448.63 crore for the quarter ended September 30, 2024, compared to ₹1,289.58 crore in the same period last year, marking a year-on-year growth of approximately 12.3%.
- Net Profit: The company recorded a net profit of ₹111.8 crore, a significant turnaround from a loss of ₹48.67 crore in Q2 FY24.
Half-Year Performance (H1 FY25)
For the six-month period ending September 30, 2024, FACT reported:
- Revenue from Operations: ₹2,048.21 crore, up from ₹1,773.06 crore in H1 FY24.
- Net Profit: ₹105.24 crore, compared to a loss of ₹37.49 crore in the previous year.
With consistent growth in revenue and net profit, FACT is on a promising path as it navigates the evolving landscape of the chemicals and fertilizers industry. The company’s return to profitability reinforces its position and provides a strong foundation for future growth.
