Q2FY25 Financial Highlights: Strides Pharma, Privi, Ramkrishna Forgings, and More Shine
Team FS
24/Oct/2024

What's covered under the Article:
- Strides Pharma Sciences posted a 54% EBITDA increase and turned around from losses to ₹93 crore profit, indicating strong growth.
- Privi Speciality Chemicals reported significant YoY and QoQ growth, with revenue hitting ₹532 crore and PAT rising to ₹45 crore.
- Ramkrishna Forgings showed strong financial momentum with revenue reaching ₹1053 crore and PAT rising to ₹108 crore.
The Q2FY25 financial results from key companies such as Strides Pharma Sciences, Privi Speciality Chemicals, Ramkrishna Forgings, and others reflect notable growth in various industries, including pharmaceuticals, chemicals, and manufacturing. These companies have posted significant YoY and QoQ growth in revenue and profit, demonstrating resilience and strong operational performance in a challenging economic environment.
Strides Pharma Sciences
Strides Pharma Sciences delivered a stellar performance in Q2FY25, showing significant improvement in revenue and profitability. The company's revenue climbed to ₹1201 crore, compared to ₹999 crore in the same quarter last year, and ₹1087 crore in the previous quarter. The most notable achievement was its EBITDA, which surged by 54% to reach an all-time high of ₹235 crore. This was driven by solid margin expansion, reflecting better cost management and operational efficiency.
Furthermore, profit-before-tax (PBT) saw a turnaround, rising to ₹128 crore, compared to a loss in the same period last year, and ₹97 crore in the previous quarter. The company also returned to profitability at the net level, with a profit-after-tax (PAT) of ₹93 crore, up from a loss in the previous year and ₹68 crore in the previous quarter. The strong growth was further supported by robust cash flow generation, with operating cash flow (OCF) reaching ₹418 crore, significantly higher than the ₹302 crore recorded in the last quarter.
Privi Speciality Chemicals
Privi Speciality Chemicals posted an impressive set of numbers in Q2FY25, continuing its upward momentum both QoQ and YoY. The company’s revenue for the quarter stood at ₹532 crore, a solid increase from ₹455 crore in the same period last year, and ₹463 crore in the previous quarter. The company’s profit-before-tax (PBT) rose to ₹61 crore, compared to ₹40 crore last year and ₹43 crore in the previous quarter, showing strong growth in profitability.
Profit-after-tax (PAT) followed a similar trajectory, increasing to ₹45 crore in Q2FY25, from ₹30 crore last year and ₹31 crore in the previous quarter. The company's strong financial performance is reflective of solid operational execution and continued demand for its specialty chemical products. However, its operating cash flow (OCF) decreased slightly to ₹120 crore, down from ₹156 crore in the previous quarter, but still remains strong.
Ramkrishna Forgings
Ramkrishna Forgings demonstrated strong financial growth in Q2FY25, with both revenue and profits showing significant increases. The company’s revenue surged to ₹1053 crore, up from ₹893 crore in the same quarter last year, and ₹959 crore in the previous quarter. The profit-before-tax (PBT) increased to ₹136 crore, compared to ₹105 crore last year and ₹113 crore in the previous quarter.
The company also reported a substantial rise in profit-after-tax (PAT), which reached ₹108 crore, up from ₹79 crore YoY and QoQ. This strong performance was driven by continued demand for its products, particularly in the automotive and industrial sectors. However, the company saw a decrease in its operating cash flow (OCF), which stood at ₹33 crore, down from ₹299 crore in the previous quarter.
Tarachand Infralogistics
Tarachand Infralogistics posted exceptional growth in Q2FY25, with revenue rising to ₹65 crore, compared to ₹49 crore YoY and ₹53 crore QoQ. The company achieved significant margin expansion, with profit-before-tax (PBT) reaching ₹9.6 crore, compared to ₹3.4 crore last year and ₹6 crore in the previous quarter.
Similarly, profit-after-tax (PAT) rose to ₹7.2 crore, up from ₹2.6 crore last year and ₹4.5 crore in the previous quarter. The company’s strong financial performance was supported by improved operational efficiency and higher demand for its logistics services.
Kody Technolab
Kody Technolab delivered a blockbuster performance in H1FY25, with revenue soaring to ₹40 crore, compared to ₹5 crore in the same period last year, and ₹16 crore in the second half of FY24. The company’s profit-before-tax (PBT) rose to ₹13.6 crore, compared to ₹1 crore last year, and ₹5.4 crore in the previous period.
The profit-after-tax (PAT) also saw a substantial increase, rising to ₹10.2 crore, compared to ₹80 lakhs last year, and ₹4 crore in the previous half-year. Despite the strong profit growth, the company’s operating cash flow (OCF) was negative at ₹-22 crore, reflecting increased investment in its operations.
Adani Wilmar
Adani Wilmar reported a strong set of numbers in Q2FY25, with revenue rising to ₹14460 crore, up from ₹12267 crore last year and ₹14168 crore in the previous quarter. The company’s profit-before-tax (PBT) stood at ₹402 crore, compared to a loss last year and ₹418 crore in the previous quarter. Similarly, profit-after-tax (PAT) rose to ₹311 crore, compared to a loss last year and ₹313 crore in the previous quarter.
The company’s operating cash flow (OCF) improved significantly, reaching ₹1698 crore, compared to a negative ₹-1435 crore last year, reflecting better working capital management and strong cash flow generation.
In summary, Q2FY25 saw strong financial performances across various sectors, with companies like Strides Pharma, Privi Speciality Chemicals, Ramkrishna Forgings, and Adani Wilmar leading the charge. These results reflect a positive trend in earnings growth and operational efficiency across the board, positioning these companies for continued success in the upcoming quarters.
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