Carbon black major PCBL Chemical Ltd on Friday (January 10) reported a 39.1% year-on-year (YoY) decline in net profit at ₹93.1 crore for the third quarter that ended December 31, 2024.
| Company | Value | Change | %Change |
|---|
In the corresponding quarter of the previous fiscal, PCBL posted a net profit of ₹148 crore, the company said in a regulatory filing. The company’s revenue from operations increased 21.3% to ₹2,010 crore against ₹1,656.8 crore in the year-ago period.
At the operating level, EBITDA grew 13.7% to ₹ 317.4 crore in the third quarter of this fiscal over ₹279.1 crore in Q3 FY24.
Also Read: PCBL Chemical bags 116.62 acres of land in Andhra Pradesh for ₹3,718 crore plant
The EBITDA margin stood at 15.8% in the reporting quarter against 16.9% in the corresponding period of the last fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.
The company has declared an interim dividend of ₹5.50 per equity share of ₹1 each (550%) for the financial year ending March 31, 2025. Thursday, January 16, 2025, has been fixed as the record date for the payment of the interim dividend.
The results came after the close of the market hours. Shares of PCBL Chemical Ltd ended at ₹391.20, down by ₹6.70, or 1.68%, on the BSE.
Also Read: PCBL shares surge 11% — RPSG Group Chairman Sanjiv Goenka says profit may jump 5x to ₹2,500 crore
(Edited by : Shoma Bhattacharjee)
