Gujarat Ambuja Exports Q3FY25 results: Net profit and revenue dip but margins improve

Gujarat Ambuja Exports Q3FY25 results: Net profit and revenue dip but margins improve
Gujarat Ambuja Exports reported its financial results for the October-December 2024 quarter (Q3FY25), showing a decline in both net profit and revenue compared to the same period last year.

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The company’s net profit dropped by 29.2%, standing at ₹71.4 crore, down from ₹100.8 crore in the year-ago period. Revenue also fell by 13.1% to ₹1,130.9 crore, compared to ₹1,301.8 crore last year.

Despite the dip in profit and revenue, the company managed to maintain its operational performance. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) were marginally lower at ₹123 crore, down 2% from ₹125.5 crore a year earlier.

On a positive note, the company’s EBITDA margin improved to 10.9% from 9.6%, indicating better cost management and operational efficiency.

Also Read | 2024: The year that was for commodities

Gujarat Ambuja Exports Limited (GAEL), based in Ahmedabad, is a company that processes agricultural products. It produces and exports items like corn starch, soya-based products, cotton yarn, and edible oils.

The company has a market capitalisation of around ₹5,217.38 crore. However, its share price has dropped by nearly 19% over the past six months.

Also Read | ICICI Bank Q3 net profit surges nearly 15% to ₹11,792.4 crore

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