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Madhya Bharat Agro Products Ltd Q1FY24; 75% fall in Profits

Madhya Bharat Agro Products Ltd, part of Ostwal Group, is engaged in the business of manufacturing fertiliser and chemical products.

Financial Results:

Madhya Bharat Agro Products Ltd reported Revenues for Q1FY24 of ₹149.03 Crores down from ₹213.03 Crore year on year, a fall of 30.04%.

Total Expenses for Q1FY24 of ₹137.67 Crores down from ₹172.49 Crores year on year, a fall of 20.19%.

Consolidated Net Profit of ₹7.24 Crores down 74.75% from ₹28.67 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.65, down 74.81% from ₹6.55 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Fertiliser
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