Chambal Fertilisers Q4 profit surges 30% on EBITDA growth; declares ₹6 dividend

Chambal 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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Chambal Fertilisers Q4 profit surges 30% on EBITDA growth; declares ₹6 dividend
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.

ALSO READ | Chambal Fertilisers Q3 Results: Net profit up 10% on 20% revenue growth

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%

 



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