Agro Phos India Q1 Results Revenue Rs. 2391.62 Lakhs & Profit After Tax Rs. 19.13 Lakhs

Agro Phos India has released its financial results for the first quarter ending June 30, 2024. The company reported a significant increase in revenue from operations, totaling Rs. 2391.62 Lakhs. This is a notable rise compared to the previous quarter. The company also earned an additional income of Rs. 330.67 Lakhs from other sources, bringing the total income for the quarter to Rs. 2722.39 Lakhs.

Agro Phos India despite the increase in revenue, the total expenses for the quarter were Rs. 2716.94 Lakhs. This includes costs for materials consumed, employee benefits, finance costs, and other operational expenses. As a result, the company reported a small profit before tax of Rs. 5.35 Lakhs. After accounting for taxes, the profit for the quarter was Rs. 19.13 Lakhs.

Agro Phos India’s comprehensive income, which includes adjustments for certain financial items, showed a loss of Rs. 6.09 Lakhs. Earnings per share were -0.09, reflecting a decrease compared to the previous periods. Overall, while Agro Phos India saw an increase in revenue, the high expenses and comprehensive income adjustments impacted the overall financial performance for this quarter.

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Agro Phos India Q1 Results 2024-2025

Agro Phos India achieved a substantial increase in revenue from operations, totaling Rs. 2391.62 Lakhs for the quarter ending June 30, 2024,. The company also recorded Rs. 330.67 Lakhs in other income, leading to a total income of Rs. 2722.39 Lakhs. 

Financial Results (Rs. in Lakhs)

Agro Phos India Fiscal Overview

The table provides financial details about Agro Phos India. The market capitalization is ₹90.0 Crore, showing the total value of the company's shares. The current stock price is ₹44.4. The highest price over a period was ₹65.8, and the lowest was ₹33.0. 

Here's the stock information in table format:

Quarterly Results 

Agro Phos India’s financial performance shows significant challenges from December 2023 to June 2024,. Sales dropped sharply from 18.05 crores in December 2023 to just 2.75 crores in March 2024 but rose to 23.92 crores by June 2024. 

(Standalone Figures in Rs. Crores)

About Agro Phos India 

Agro Phos India is a company founded in 2002, listed on the NSE, and certified with ISO 9001:2008. It is involved in making fertilizers like Single Super Phosphate (SSP), NPK Fertilisers, Zinc Sulphate, Organic Manure, and Calcium Sulphate. The company also trades other fertilizers such as Diammonium Phosphate (DAP), Urea, and Ammonium Sulphate based on customer needs. The main office is located in Indore, Madhya Pradesh.

Agro Phos operates two manufacturing units in Dewas and Meghnagar, Madhya Pradesh. These units are well-equipped with modern machinery, cranes, and conveyor belts to ensure smooth production and logistics. They have labs accredited by NABL to test product quality and chemical composition. The company uses special testing machines to check product quality in real-time. The products are packed in easy-to-handle gazette bags.

With over 200 dealers and distributors, Agro Phos focuses on reaching farmers efficiently. They have a marketing agreement with Matix Fertilisers to supply a large quantity of SSP under the brand "Krishi Samridhi" in West Bengal. Agro Phos supplies to major customers and markets its products in Chhattisgarh and Madhya Pradesh, maintaining high safety and quality standards throughout its operations.