Gujarat Ambuja Exports Limited (GAEL), a leading agro-processing company, has reported mixed results for the first quarter, with higher EBITDA and margin growth but a 15% year-over-year decline in net profit. The company's financial results, approved by its Board of Directors, reveal both challenges and resilience in various business segments.

Financial Highlights

• Net Profit: ₹65.40 crore, down from ₹76.74 crore in the same quarter last year
• Revenue from Operations: ₹1,291.23 crore, up 18.4% from ₹1,090.44 crore
• EBITDA: ₹124.00 crore, up from ₹102.00 crore in the same period last year
• EBITDA Margin: Improved to 9.60% from 9.35% year-over-year
• Basic Earnings Per Share: ₹1.43, compared to ₹1.67 in the previous year quarter

Segment Performance

GAEL's performance varied across its business divisions:

Maize Processing Division

• Revenue: ₹795.80 crore

Other Agro Processing Division

• Revenue: ₹475.60 crore

Key Financial Metrics

Other Developments

• The Board appointed M/s. TNT & Associates as Secretarial Auditors for five years, subject to shareholder approval.
• The company approved alterations to Articles of Association to comply with State Electricity Regulatory Commission requirements.
• Consolidated results showed similar performance with a net profit of ₹65.02 crores.

Gujarat Ambuja Exports Limited continues to navigate market dynamics, with its diversified business model showing resilience in some sectors while facing headwinds in others. The company's improved EBITDA and margin growth amidst challenging market conditions highlight its operational efficiency.

Gujarat Ambuja Exports Ltd. has released its fourth-quarter financial results, revealing a significant decline in profits alongside a dividend announcement. The company's performance shows a downturn across key financial metrics compared to the same period last year.

Financial Performance

The company reported a substantial decrease in its Q4 EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which fell to ₹622.00 million from ₹1,110.00 million in the previous year. This decline is reflected in the EBITDA margin, which contracted to 4.91% from 8.28% year-over-year.

Net profit for the quarter also saw a sharp decline, dropping to ₹327.00 million from ₹914.00 million in the corresponding quarter of the previous year. This represents a significant reduction in the company's bottom line.

Revenue for the quarter stood at ₹12,670.00 million, down from ₹13,460.00 million in the same quarter of the previous year, indicating a slight contraction in the company's top line.

Financial Results at a Glance

Dividend Announcement

Despite the challenging quarter, Gujarat Ambuja Exports has recommended a final dividend of ₹0.25 per share. This dividend announcement comes as a positive signal to shareholders, demonstrating the company's commitment to returning value to its investors even in a period of reduced profitability.

Conclusion

The financial results indicate that Gujarat Ambuja Exports faced significant headwinds during the fourth quarter, with notable declines across key financial metrics. The company's ability to maintain a dividend payout in this environment suggests a focus on shareholder returns, although investors may be closely watching for any strategies the company plans to implement to address the decline in profitability and revenue in the coming quarters.