Dharmaj Crop Guard Limited — Updates, 09-11-2024: Press Release

Dharmaj Crop Guard Limited reported a strong Q2 and H1 FY25 with a 21% increase in Revenue from Operations, driven by the Active Ingredients segment. While the formulations business faced challenges due to higher rainfall and price contractions, volume growth was noted. H1 FY25 showed a remarkable 37% top-line growth. Despite some compression in EBITDA margins and a decline in PAT year-over-year, the company anticipates a positive outlook for the upcoming Rabi season, supported by increased production at its Sayakha unit.