During the June quarter of FY21, the company posted a 43 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 146 crore against Rs 102 crore reported in the corresponding quarter of the previous fiscal. Revenue for the quarter came in at Rs 1,060, up 41 per cent YoY. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 236 crore, up 55 per cent from Rs 153 crore registered in the year-ago period.
Gross margin, however, slipped 280 basis points (bps) to 42 per cent from 45 per cent in the June quarter of FY20 due to change in the business mix of Export, Domestic, and Isagro, the company said.
It hit an all-time high of Rs 1,966 on August 5, post its Q1 results.