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HomeInputsAgro chems – ChemicalsNACL Industries posts 293.66 % rise in net profit in Q1 FY21    

NACL Industries posts 293.66 % rise in net profit in Q1 FY21    

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The consolidated net profit in Q1FY21 came in at Rs 5.59 crore, which rose by 293.66 per cent, as compared to Q1FY20, when it reported a profit of Rs 1.42 crore

Nagarjuna Agrichem (NACL), a Nagarjuna Group company  announced its Q1FY21 results on Aug 26, 2020. The company reported consolidated net sales of Rs 252.02 crore in Q1FY21, which rose by 31.95 per cent YoY from Rs 190.99 crore in Q1FY20.

The company posted EBITDA of Rs 18.16 crore in Q1FY21 that rose by 139.58 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 7.58 crore. EBITDA margin as of Q1FY21 was at 7.21 per cent that rose by 3.24 per cent YoY. EBITDA margin for Q1FY20 was 3.97 per cent.

The consolidated net profit in Q1FY21 came in at Rs 5.59 crore, which rose by 293.66 per cent, as compared to Q1FY20, when it reported a profit of Rs 1.42 crore. The net profit margin in Q1FY21 came in at 2.22 per cent, which rose by 1.48 per cent YoY. The net profit margin for Q1FY20 was 0.74 per cent.

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