Chambal Fertilisers Q2 Results: Net profit falls 3% to ₹632 crore, declares ₹5 interim dividend
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Chambal Fertilisers & Chemicals Ltd reported a 2.6% drop in net profit to ₹632 crore on November 3.
- ✓While revenue grew 9.1% to ₹6,999.5 crore, margins fell slightly.
- ✓The company also declared an interim dividend of ₹5 per share.
Story at a Glance
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- MARKET
- Reported By
- cnbctv18
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- 1 Minute(s)
- Market Focus
- India Economy
Chambal Fertilisers posted a modest dip in quarterly net profit despite solid revenue growth and higher operating earnings, alongside an interim dividend payout announcement for shareholders. Discover what drove the contraction in operating margins despite rising top-line sales.
Fertiliser company Chambal Fertilisers & Chemicals Ltd on Tuesday (November 3) reported a 2.6% year-on-year (YoY) decline in consolidated net profit to ₹632 crore for the second quarter, compared with ₹649 crore in the corresponding quarter last year.
Revenue increased 9.1% YoY to ₹6,999.5 crore from ₹6,413 crore in the year-ago period.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 7% to ₹901 crore from ₹842 crore. However, the EBITDA margin declined to 12.9% from 13.1% a year ago, a contraction of 20 basis points.
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