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Chemical stock reports standalone net loss of ₹3.07 Cr in Q2

A chemical stock posted a ₹3.07 crore net loss in Q2 FY25, despite 19.31% YoY sales growth to ₹230.65 crore, reflecting the need for better operational efficiency.
Chemical stock reports standalone net loss of ₹3.07 Cr in Q2

Introduction:

A chemical stock reported a net loss of ₹3.07 crore in Q2 FY25, reversing from a ₹0.11 crore profit last year. Despite a 19.31% YoY sales growth to ₹230.65 crore, challenges in profitability highlight the need for better operational efficiency and cost control.

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Share Price movement of Khaitan Chemicals & Fertilisers Limited:

As of November 14, NMDC Ltd stock opened at ₹66.50, reaching an intraday high of ₹67.98 and a low of ₹66.01. The shares closed marginally higher at ₹66.51, reflecting stable trading activity during the session.

Khaitan Chemicals & Fertilisers Limited Net Profit Loss:

Chemical stock Khaitan Chemicals & Fertilisers posted a standalone net loss of ₹3.07 crore for the September 2024 quarter, reversing from a net profit of ₹0.11 crore in the same period last year. The loss underscores challenges despite an uptick in revenue.

Sales grew 19.31% YoY to ₹230.65 crore in Q2 FY25, up from ₹193.32 crore in the corresponding quarter of FY24. The performance reflects mixed results, with rising sales but declining profitability, highlighting the need for enhanced operational efficiency and cost management.

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Recent news About Khaitan Chemicals & Fertilisers Limited:

Khaitan Chemicals & Fertilisers Ltd. held a Board of Directors meeting on November 14, 2024, where it considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2024. This meeting adhered to the company’s routine financial disclosure practices.

Stock performance of Khaitan Chemicals & Fertilisers Limited for Period of 1 week, 6 months and 1 year:

Khaitan Chemicals & Fertilisers Ltd. reported a 7.47% decline in its stock value over the past week, a 5.82% dip over six months, and a modest 1.22% gain over the last year, reflecting mixed performance across different periods.

Shareholding pattern of Khaitan Chemicals & Fertilisers Limited:

All values in %Sep-24Jun-24Mar-24
Promoters 72.5274.9974.99
FII0.080.090.02
Retail & others27.424.9124.99
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About Khaitan Chemicals & Fertilisers Limited:

Khaitan Chemicals & Fertilisers Limited, a prominent chemical stock, specialises in manufacturing single super phosphate (SSP) fertilisers and sulfuric acid. Established as a leading player in India’s agrochemical sector, the company also operates in soya processing and edible oil production. With a robust distribution network, Khaitan Chemicals supports agricultural growth and provides essential products for sustainable farming practices.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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