Rama Phosphates Posts Record Q1 Revenue, Targets ₹1,000 Crore Through Expansion
Rama Phosphates achieved its highest-ever Q1 revenue of ₹190.31 crore, a 24% year-on-year growth. The company's profit after tax surged by 853% to ₹16.03 crore. EBITDA increased by 330% to ₹26.93 crore. The company is pursuing a ₹1,000 crore revenue target through expansion and diversification. Key initiatives include the Dhule plant expansion, launch of Urosuper fertilizer, and diversification into industrial chemicals. Sulphuric acid sales volume grew by 51%. The company secured a significant SSP contract with HURL and maintains a yearly contract for rock phosphate. Rama Phosphates is implementing technology-driven farmer engagement initiatives and has a stable financial profile with an ICRA 'A-' credit rating.
Rama Phosphates Ltd has reported a significant turnaround in its Q4 FY financial results. The company posted a net profit of ₹52.00 million, compared to a loss of ₹26.00 million in the same quarter last year. Revenue increased by 7.50% year-over-year to ₹2.00 billion. The company also showed sequential growth with net profit rising from ₹37.00 million in the previous quarter to ₹52.00 million, marking a 40.54% increase.
14May 25
RAMA PHOSPHATES Reports Impressive Q4 Turnaround with Soaring EBITDA and Profit
Rama Phosphates has reported significant improvements in its Q4 financial results. EBITDA increased to ₹174.00 crore from ₹2.00 crore year-over-year, with EBITDA margin expanding to 8.65% from 0.10%. The company turned a ₹26.00 crore loss into a ₹52.00 crore profit, surpassing the previous quarter's ₹37.00 crore profit. Revenue grew by 7.53% to ₹2,000.00 crore, up from ₹1,860.00 crore in the same quarter last year.