Dhanuka Agritech Ltd , a manufacturer of a wide range of agro-chemicals including herbicides, insecticides, fungicides, and plant growth regulators, reported a decline in profits for Q2FY26 amidst lower revenues.
Financial Highlights:
- Revenues decreased 8.56% year-on-year to ₹598 crore from ₹654 crore.
- Total expenses fell 5.89% to ₹479 crore from ₹509 crore.
- Consolidated net profit declined 20.34% to ₹94 crore from ₹118 crore.
- Earnings per share fell 20.02% to ₹20.85 from ₹26.07.
The profit decline was primarily due to reduced sales volumes impacting top-line growth despite cost control measures.
Outlook:
Dhanuka Agritech Ltd aims to improve market penetration, enhance product innovation, and optimize cost structures to regain growth and profitability.
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