Shares of Chambal Fertilisers and Chemicals Ltd (CFCL) rose over 3% after the company reported strong first-quarter results for the period ending June 30, 2024. As of 9:45 AM, the shares were trading 3.11% higher at ₹507.30.
Financial Highlights
- Net Profit: Increased by 32.4% year-on-year (YoY) to ₹448.3 crore, up from ₹338.6 crore in the same quarter last year.
- Revenue from Operations: Decreased by 11.7% to ₹4,933.2 crore, compared to ₹5,589.3 crore in the previous fiscal’s corresponding period.
- EBITDA: Increased by 18.7% to ₹751.9 crore, up from ₹633.3 crore in the year-ago period.
- EBITDA Margin: Improved to 15.2% from 11.3% in the previous fiscal.
Performance Breakdown
Despite the dip in revenue, Chambal Fertilisers managed to achieve significant growth in net profit and EBITDA, demonstrating strong operational efficiency and cost management.
| Metric | Q1 FY25 | Q1 FY24 | Y-o-Y Change (%) |
|---|---|---|---|
| Net Profit | ₹448.3 crore | ₹338.6 crore | 32.4% |
| Revenue | ₹4,933.2 crore | ₹5,589.3 crore | -11.7% |
| EBITDA | ₹751.9 crore | ₹633.3 crore | 18.7% |
| EBITDA Margin | 15.2% | 11.3% | – |
Chambal Fertilisers’ strong financial performance and improved margins have positively influenced investor sentiment, leading to the surge in its share price.