Zuari Agro Chemicals announces Q4 & FY18 Results

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New Delhi/Gurugram, May , 2018:  Zuari Agro Chemicals Limited (ZACL) today announced the audited financial results for the quarter ended March 31st, 2018.

On a standalone basis, total income of the Company for the Q4 stood at INR 1,150.78 crores in comparison to the corresponding Q4 last year of INR 987.44 crores. PBT stood at loss of INR 21.16 crores against corresponding quarter last year profit of INR 7.44 crores, while PAT is at a loss of INR 15.01 crores against corresponding quarter last year profit of INR 5.63 crores.

ZACL’s standalone income for FY18 is INR 4,731.21 crores in comparison to the corresponding FY17 of INR 4,150.06 crores. Earnings before depreciation, interest and taxes (EBITDA) for FY18 is INR 423.08 crores against corresponding FY17 of INR 353.81 crores. Net profit after tax for the FY18 is INR 41.95 crores against corresponding FY loss of INR 60.36 crores.

The consolidated income for FY18 is INR 7,358 crores in comparison to the corresponding FY17 of INR 6,463.17 crores. Earnings before depreciation, interest and taxes (EBITDA) for FY18 is INR 622.27 crores against corresponding FY17 of INR 527.16 crores. Net profit after tax for the FY18 is INR 157.45 crores against corresponding FY17 loss of INR 12.83 crores.

 

About ZACL

Zuari Agro Chemicals Ltd (ZACL) was founded by eminent Indian industrialist Late Dr KK Birla in 1967, and the manufacturing operations started in 1974. The products of Zuari are being sold by the brand- Jai Kisaan, serving Indian farmers since 1967. Today it is the flagship company of Adventz Group and leading the agriculture vertical of the Group, under the leadership of Mr. Saroj Kumar Poddar. ZACL has an annual installed capacity to produce 14, 00,000 metric tons of fertilizers. The company produces high-quality complex fertilizers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilizers. Zuari is a single-window agricultural solution provider, and partners with Indian farmers for progress and prosperity. It enables agricultural self-sufficiency and economic independence by providing fertilisers that are both affordable and effective. Zuari is committed to effective utilization of resources and innovative initiatives for the well-being of the farming community.

 

About ADVENTZ Group

India’s largest private sector fertiliser and agri-inputs player. The leading manufacturer of wagons and railways infrastructure. An emerging real estate player. A prominent manufacturer of world class lifestyle products. A frontrunner in modern sugar processing and green power. All these – and more – are part of the US$3billion Adventz Group of front-ranking Indian businesses with global ambitions.

Adventz, a Saroj Poddar Group, is an India-based multi business conglomerate. Among them, Zuari Agro Chemicals, Paradeep Phosphates, Mangalore Chemicals & Fertilizers Limited, Texmaco Infrastructure & Holdings, Texmaco Rail and

 

Engineering, Simon India, Hettich India are known for their role in nation building. As a socio-economic enabler, the Group’s corporate citizenship initiative is massed under the Adventz Foundation, nurturing and empowering communities in which Adventz companies operate.