Chaman Lal Setia Exports, a leading Indian rice exporter, reported stable volumes of 41,255 tons but a 15% year-on-year revenue decline in Q1 due to lower global rice prices. The company faced geopolitical challenges in various markets. New processing units in Mundra and Karnal have become operational, each capable of generating annual revenue of approximately INR 100 crore. The company strategically reduced inventory levels awaiting lower-priced new crop arrivals. Chaman Lal Setia Exports remains debt-free and targets Q2 revenue of INR 400 crore. The company expects minimal impact from the US tariff increase on Indian rice exports and is exploring new markets including Russia and Japan.
05Aug 25
Chaman Lal Setia Exports Reports Decline in Q1 Profit and Revenue
Chaman Lal Setia Exports Ltd., a 3-star export house specializing in rice, reported a decrease in both revenue and profit for Q1 FY2025-26. Revenue from operations fell by 15.32% to 307.27 crore rupees, while net profit declined by 4.33% to 21.64 crore rupees compared to the same quarter last year. Total income decreased by 15.08% to 309.50 crore rupees. Despite the overall decline, the company managed to reduce its expenses to 280.75 crore rupees for the quarter. The earnings per share (EPS) for the quarter was 4.35 rupees.
Chaman Lal Setia Exports Ltd reported mixed Q4 FY2024 results. Revenue decreased to ₹3.70 billion from ₹3.80 billion YoY. EBITDA fell to ₹334.00 million from ₹356.00 million. Net profit increased to ₹246.00 million from ₹233.00 million YoY, but decreased QoQ. The company recommended a dividend of ₹2.50 per equity share. Annual performance showed slight declines in revenue and net profit, with a marginal EBITDA improvement.