Shree Pushkar Chemicals & Fertilisers Limited — Important, 13-11-2024: Financial Result Updates

For the quarter and half-year ended September 30, 2024, Shree Pushkar Chemicals & Fertilisers reported consolidated revenue from operations of ₹17,562.28 crore, reflecting a year-on-year growth of approximately 5% driven by higher demand for chemicals and fertilizers.

The net profit for the quarter stood at ₹1,331.60 crore, marking a significant increase from ₹845.28 crore in the previous year, resulting in an EPS of ₹4.14. This growth was attributable to improved operational efficiencies despite a 5% rise in operational costs, primarily due to increased material and employee expenses.

The balance sheet appears robust with total assets of ₹7,752.87 crore against total liabilities of ₹2,224.83 crore, suggesting a strong equity base. The company’s cash flow from operations turned positive at ₹2,517.94 crore for the half-year, highlighting effective cash management.

Looking ahead, the strategic focus on expanding market presence and cost management positions the company favorably, suggesting a hold for retail investors considering the growth trajectory and stability in financial performance.