Gujarat Ambuja Exports' Q2 profit rises to ₹131.99 crore from ₹38.08 crore

Gujarat Ambuja Exports reported standalone September-quarter profit after tax of ₹131.99 crore against ₹38.08 crore, on revenue that fell 2.4% to ₹1,451.33 crore.

Price, Friday's close₹153.83▼ 2.99%

Last 5 days

52-week low ₹102.0552-week high ₹184.99

Sector: Agro processing

What happened

Profit after tax was ₹131.99 crore against ₹38.08 crore, up 245.8%, and revenue from operations ₹1,451.33 crore against ₹1,486.69 crore, per Whalesbook. Investywise also gave the profit rise as 245.8%.
Profit before tax was ₹177.39 crore against ₹50.85 crore, and half-year profit after tax ₹308.92 crore against ₹103.48 crore, per Investywise.
The maize processing segment had revenue of ₹1,212.26 crore and a segment result of ₹168.07 crore against ₹6.99 crore, per Whalesbook.
Whalesbook also mentioned a 900 tonnes-a-day plant at Himmatnagar by 2027. The shares closed at ₹153.83 on Friday, per Zerodha Kite, before the results.

Why it matters

Profit rose while revenue fell. Whalesbook gave the maize processing segment result as ₹168.07 crore against ₹6.99 crore.

Good to know: A segment result is the profit a business line reports on its own, before costs the company holds at group level.

Key facts

Profit after tax: ₹131.99 crore (₹38.08 crore), up 245.8%
Revenue: ₹1,451.33 crore (₹1,486.69 crore)
Maize processing result: ₹168.07 crore (₹6.99 crore), per Whalesbook
Half-year profit after tax: ₹308.92 crore (₹103.48 crore), per Investywise

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This is a summary of public news about Gujarat Ambuja Exports, for information only. It is not a recommendation to buy, sell or hold GAEL.