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BASF Q3 Results | Net profit slides 26% to ₹104 crore, revenue grows 13% to ₹3,759 crore

BASF Q3 Results | Net profit slides 26% to ₹104 crore, revenue grows 13% to ₹3,759 crore

Chemical solutions company BASF India Ltd on Tuesday (February 4) reported a 26% year-on-year (YoY) decline in net profit at ₹103.6 crore for the third quarter that ended December 31, 2024.

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In the corresponding quarter of the previous fiscal, BASF India posted a net profit of ₹140 crore, the company said in a regulatory filing. The company’s revenue from operations increased 13% to ₹3,758.7 crore as against ₹3,326.3 crore in the corresponding period of the preceding fiscal.

Also Read: Triveni Engineering Q3 Results | Net profit dives 69% to ₹43 crore but revenue up 3% to ₹1,600 crore

At the operating level, EBITDA fell 19.9% to ₹170.3 crore in the third quarter of this fiscal over ₹212.6 crore in the corresponding period in the previous fiscal.

EBITDA margin stood at 4.5% in the reporting quarter as compared to 6.4% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.

The results came after the close of the market hours. Shares of BASF India Ltd ended at ₹4,250.00, up by ₹8.25 or 0.19% on the BSE.

Also Read: Max Financial Q3 Results | Net profit tanks 62% to ₹56 crore; Axis Max Life to raise ₹1,300 crore via NCDs

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