KRBL Limited, a leading player in the basmati rice industry, saw its shares rise by over 3% following the announcement of its Q3 FY25 earnings. As of 11:38 AM, the shares were trading 3.74% higher at Rs 298.00.
The company reported a strong 17% year-on-year increase in consolidated revenue, reaching ₹1,682 crore compared to ₹1,438 crore in the same period last year.
Earnings before interest, tax, depreciation, and amortization (EBITDA) also saw a notable rise of 9.5%, standing at ₹195 crore against ₹178 crore in Q3 FY24. However, despite the revenue and EBITDA growth, the EBITDA margin slipped to 11.6% from 12.4% due to higher operational costs. Additionally, net profit saw a slight decline of 0.9%, coming in at ₹133 crore compared to ₹134 crore last year.
KRBL Ltd.’s shares opened at ₹288.70, reaching a high of ₹299.85 and a low of ₹286.85. The stock remains below its 52-week high of ₹369 but above its 52-week low of ₹255.50.
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