Heranba Industries Limited — Updates, 14-02-2025: Press Release

Heranba Industries Limited reported Q3FY25 revenues at ₹341.56 Crore, an increase of 8.82% from ₹301.35 Crore in Q3FY24. However, the company recorded a loss of ₹10.37 Crore compared to a profit of ₹13.92 Crore in the same quarter last year. The export business faced challenges due to weak demand and falling prices, although domestic performance showed resilience despite uneven monsoon patterns. EBITDA was down 49.32% to ₹12.79 Crore, with an EBITDA margin of 3.74%, reflecting a decrease of 491 bps. For the nine months ending December 31, revenues were ₹1,079.43 Crore, a 7.03% rise, with a PAT margin improvement to 4.08%. Looking ahead, the company is focused on enhancing revenue growth and productivity, emphasizing FY25 as a key acceleration point for its strategic ambitions. This presents a positive outlook for future performance, contingent on market recovery and domestic strength.