Kaveri Seed Company Limited — Updates, 12-02-2025: Press Release

Kaveri Seed Company Limited has reported robust financial performance for Q3FY25, with revenue from operations reaching ₹154.77 crore, up 30.63% from ₹118.47 crore in Q3FY24. EBITDA improved by 12.77% to ₹25.09 crore, and net profit surged 29.05% to ₹15.04 crore.

For the nine-month period ending December 31, FY25, total revenue saw a 6.39% increase to ₹1,044.61 crore, with EBITDA at ₹324.78 crore, reflecting a modest growth of 1.14%. Net profit also rose slightly by 1.46% to ₹294.46 crore.

Operationally, the company benefited from strong demand for hybrid rice and maize, with hybrid rice volumes rising 14% and revenues increasing by 27%. However, the cotton hybrid segment faced challenges, with a 47% drop in volumes and a 40% decline in revenues. Exports were notably affected, with Q3 FY25 export sales at ₹18.23 crore, down from ₹38.10 crore, due to political instability in Bangladesh.

Overall, Kaveri Seed's performance showcases a positive outlook driven by core product growth, but investors should remain cautious of export challenges.