Shares of Piccadily Agro Industries Ltd fell sharply by 7.87% to ₹554.90 in Tuesday’s early trade on the BSE following the company’s announcement of its Q4 FY25 earnings. The stock hit a day’s low of ₹542.10, down from the previous close of ₹602.30.
The company reported a standalone net profit of ₹403.8 crore for the quarter ended March 2025, declining from ₹435 crore in the same period last year. On a sequential basis, the profit was higher compared to ₹250.5 crore in Q3 FY25.
Revenue for the March quarter stood at ₹2,720 crore, down 4.6% year-on-year from ₹2,850 crore. However, EBITDA remained relatively stable at ₹660.7 crore versus ₹672.3 crore a year ago. EBITDA margin improved marginally to 24.32% from 23.62% in the year-ago period.
Despite better sequential performance on profitability, the YoY decline in revenue and profit seems to have weighed on investor sentiment.
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