Dhanuka Agritech, a prominent player in the agrochemical sector, has reported a significant 15.5 percent increase in net profits for the second quarter of the financial year 2024-25, reaching ₹117.52 crore. This marks a notable rise from ₹101.77 crore in the same quarter last year, underscoring the company’s effective strategies amid a competitive market landscape. The company’s revenue also saw a healthy growth of 5.9 percent, totaling ₹654.28 crore compared to ₹617.92 crore during the corresponding period last year.
The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) improved by 12.7 percent, climbing to ₹159.58 crore from ₹141.58 crore in the previous year. These figures reflect Dhanuka Agritech’s robust performance, driven by a combination of strong demand for its product portfolio and an adept response to market needs, particularly during the crucial agricultural season.
Chairman Mahendra Kumar Dhanuka highlighted the significance of the timely arrival of the monsoon, which has played a critical role in supporting the agricultural cycle. He noted that the company’s streamlined distribution network has further strengthened its supply chain, enabling it to meet the heightened demand effectively. The strong sowing season, characterized by substantial acreage in key crops as anticipated, has contributed to a positive growth trajectory.
Dhanuka’s outlook remains optimistic, with the chairman asserting that the company is strategically positioned to sustain growth and enhance its EBITDA margins in the future. This proactive approach not only aims to deliver value to their distribution network but also to meet the evolving needs of their customers. As the agricultural sector continues to navigate challenges and opportunities, Dhanuka Agritech’s performance may serve as a bellwether for the broader agrochemical industry, reflecting the intricate interplay between weather patterns, market demand, and strategic business operations.
