Speciality Chemicals company Heubach Colorants India announced Q1FY25 results:
- On a QoQ basis, the revenue from operations are Rs 1,734 million in Q1FY25 vs Rs 2,049 million in Q4 FY24. The EBITDA margin is 7.6% in Q1FY25 against 7.5% in Q4 FY24.
- On a YoY basis, the revenue from operations are Rs 1,734 million in Q1FY25 vs Rs 2,093 million in Q1FY24. The EBITDA margin is 7.6% in Q1FY25 against 12.5% in Q1FY24.
Bharath Sesha, Managing Director, Heubach Colorants India, said, "In Q1FY25, HCIL quickly stabilized our business and operations after the insolvency of the Heubach German entities. The insolvency of the Heubach German entities significantly impacted our export revenue in the quarter.
We are grateful for the tremendous support from all our stakeholders as we navigated through an unprecedented situation. The team is laser-focused on delivering value for our customers, and we continue to make good progress both on our sustainability and innovation agenda. As communicated previously, we see positive momentum in our overall performance and an improving trend in the coming quarters "