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Sukhjit Starch & Chemicals LimitedUpdates, 10-02-2025: Press Release

10-02-2025 | 03:52 pm

Sukhjit Starch and Chemicals Limited has reported a revenue increase of 12.36% year-on-year for the nine months of FY25, standing at ₹1,127.05 Cr compared to ₹1,003.07 Cr in the same period last year. In Q3 FY25, revenue reached ₹373.35 Cr, up from ₹360.61 Cr in Q3 FY24. EBITDA for the nine months was ₹92.36 Cr, down from ₹101.27 Cr a year ago, reflecting margin pressure due to fluctuating raw material prices influenced by demand from ethanol producers.

The Managing Director noted that demand for starch, vital for food processing and bioplastics, is on the rise, driven by trends in the packaged food and snacks sectors. The company's proactive materials procurement strategy has maintained production continuity despite challenges. Expansion of manufacturing facilities is progressing, positioning the company to capture emerging opportunities for sustainable growth. Investors should monitor this growth trajectory closely, especially given the anticipated stabilization of raw material prices and the strategic focus on long-term stakeholder value.

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