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NACL Industries Ltd.
Q3FY23 Quarterly Result Announced for NACL Industries Ltd.
Agrochemicals firm NACL Industries announced Q3FY23 results:
- Standalone Q3FY23:
- Total income for the quarter ended Q3FY23 stood at Rs 486.63 crore, registering a YoY growth of 20%.
- EBITDA and PAT for the quarter stood at Rs 39.91 crore and Rs 16 crore respectively compared to Rs 35.65 crore and Rs 15.47 crore in the corresponding period of the previous year.
- Total income for the nine months ended Q3FY23 stood at Rs 1,534.07 crore, registering a YoY growth of 30%.
- EBITDA and PAT for the nine months ended Q3FY23 stood at Rs 134.71 crore and Rs 61.14 crore respectively compared to Rs 114.48 crore and Rs 55.02 crore in the corresponding period of the previous year.
Comments from Mr. Pavan Kumar, MD & CEO, said: "Post the strong Q2 results, our Company continues to sustain its growth momentum in Q3FY23 despite industry-wide headwinds.
In an exceptionally challenging quarter, it is heartening that the Company has been able to hold its own and remains steadfast and confident in its pursuit of sustainable, all-round progress. Trusted relationships with all our stakeholders continue to be our foundation.
With the Greenfield site at Dahej commencing commercial production, brownfield capacity expansion in Srikakulam remaining on course and the growing customer interest in doing more business, the Company is set to scale further heights"
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