PCBL Ltd on Friday reported a 37 percent decline in net profit to Rs 93.11 crore in the December quarter. The carbon black maker had posted a net profit of Rs 147.98 crore in the year-ago period and Rs 123.45 crore a quarter earlier.
The company's revenue from operation surged to Rs 2,010 crore against Rs 1656.76 crore from the year-ago period, a growth of 21.3 percent on-year. Sequentially, it was a decline of 7 percent from Rs 2,163.20 crore.
PCBL has also announced an interim dividend of Rs 5.50 per equity share of Re 1 each, representing 550 per cent, for the financial year ending March 31, 2025.
It has fixed Thursday, January 16, 2025, as the record date for determining the eligibility of shareholders entitled to receive the interim dividend.
The earnings before interest, taxes, depreciation, and amortization (EBITDA) was up 13.7 percent at Rs 317.4 crore against Rs 279.1 crore in the year ago period, while the margin was reported at 15.8 percent against 16.9 percent year-on-year (YOY).
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