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Dhanuka Agritech LimitedUpdates, 03-02-2025: Press Release

03-02-2025 | 07:22 pm

Dhanuka Agritech Limited reported robust financial results for the third quarter, showcasing a 21.3% increase in net profit to ₹55.04 crore compared to the same period last year. Revenue from operations also saw a growth of 10.4% year-on-year, reaching ₹445.27 crore. The company’s EBITDA improved by 21.6% to ₹75.56 crore, indicating strong operational efficiency.

Management highlighted that the company benefits from strong market demand, supported by efficient distribution strategies and farmer engagement. The favorable winter season has contributed positively, with expectations of continued growth and enhanced product offerings.

In a strategic move, Dhanuka completed a ₹165 crore acquisition for international rights to two fungicides from Bayer AG, aiming to expand its global footprint. This aligns with the company’s commitment to introducing modern farming practices and sustainability initiatives for Indian agriculture, underscoring its goal to enhance productivity and bridge the agrochemical gap towards global standards. Investors should watch closely as Dhanuka strengthens its market position and explores new opportunities.

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