However, total revenue from operations increased 3.76% year on year (YoY) to Rs 3,464.12 crore in Q1 FY25.
Profit before tax in Q4 FY24 was at Rs 343.98 crore, down 29.18% from Rs 485.77 crore recorded in the same period a year ago.
Earnings before interest and tax (EBIT) dropped 19% to Rs 484 crore in Q1 FY25 as against Rs 595 crore posted in corresponding period last year (CPLY).
The chemicals business reported a decline of 11% YoY in its segment revenue from Rs 1,661 crore to Rs 1,482 crore during Q1 FY25. The operating profit of the chemicals business decreased 33% YoY from Rs 460 crore to Rs 306 crore in Q1 FY25.
The specialty chemicals business faced headwinds in the quarter as the agrochemicals segment was sluggish due to inventory rationalization by certain key c...
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