During Thursday’s trading session, the shares of a company engaged in manufacturing single super phosphate (fertilizer), sulphuric acid and other chemicals surged nearly 19 percent to Rs. 77.54 on BSE, after the company reported a profit in Q3 FY25, following four consecutive loss-making quarters.
With a market cap of Rs. 725 crores, the shares of Khaitan Chemicals & Fertilizers Limited closed in the green at Rs. 74.75, up by around 14.5 percent, as compared to its previous closing price of Rs. 65.28.
What’s the news
The fluctuations in the share prices were observed after Khaitan Chemicals & Fertilizers Limited announced the financial results for Q3 FY25, through the recent filings with the stock exchanges.
For Q3 FY25, Khaitan Chemicals reported revenue from operations of Rs. 198.8 crores, marking a marginal decline of around 13.8 percent QoQ compared to Rs. 230.6 crores in Q2 FY25. However, it represented a significant year-on-year growth of about 56 percent from Rs. 127.4 crores in Q3 FY24.
The company’s net profit for Q3 FY25 rose to a profit of Rs. 12.5 crores, recovering from a loss of Rs. 3.06 crores in Q2 FY25, and a substantial loss of Rs. 27 crores in Q3 FY24. In earlier quarters, Khaitan Chemicals had reported a net loss of Rs. 16.7 crores in Q1 FY25 and Rs. 37.4 crores in Q4 FY24.
Also read….
Stock Performance
The stock has delivered positive returns of nearly 4.6 percent of returns in one year, while around 4.3 percent of negative returns in the last six months. In contrast, the shares of Khaitan Chemicals have gained around 6.3 percent in the last one month.
About the company
Khaitan Chemicals & Fertilizers Limited is mainly engaged in the business of manufacturing of single super phosphate fertilisers (plain, zincated and boronated in powder form and granulated form), sulphuric acid and its variants, trading of NPK Fertilisers, processing of oil seed (mainly soybean) and crude edible oil, selling of de-oiled cake and crude/refined oil & generation and selling of wind power.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
