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HomeMarket NewsStocks NewsChambal Fertilisers Q4 profit surges 30% on EBITDA growth; declares ₹6 dividend
EBITDA surged 56.1% to ₹255.1 crore from ₹163.4 crore a year earlier, while the EBITDA margin expanded to 9.2% from 6.7% YoY. Shares of Chambal Fertilisers and Chemicals Ltd ended at ₹426.40, down by ₹2.55, or 0.59%, on the BSE today, May 14.
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Fertiliser company Chambal Fertilisers and Chemicals Ltd on Thursday (May 14) reported a 29.8% year-on-year rise in consolidated net profit at ₹169.3 crore for the fourth quarter, compared with ₹130.4 crore in the same period last year.
Revenue increased 13.7% to ₹2,785 crore from ₹2,448.7 crore in the corresponding quarter. EBITDA surged 56.1% to ₹255.1 crore from ₹163.4 crore a year earlier, while the EBITDA margin expanded to 9.2% from 6.7% in the year-ago period.
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The company’s board of directors recommended a final dividend of ₹6 per equity share of ₹10 each, equivalent to 60%. The dividend will be paid within the prescribed time after the conclusion of the next annual general meeting, subject to shareholder approval.
Shares of Chambal Fertilisers and Chemicals Ltd ended at ₹426.40, down by ₹2.55, or 0.59%, on the BSE today, May 14.
ALSO READ | Chambal Fertilisers Q2 Results: Profit up 21% on-year, revenue surges 48%
(Edited by : Shoma Bhattacharjee)
