Dhanuka Agritech Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 17, 2024 at 03:22 am
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Dhanuka Agritech Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 3,683.12 million compared to INR 3,712.3 million a year ago. Revenue was INR 3,835.92 million compared to INR 3,859.7 million a year ago. Net income was INR 590.15 million compared to INR 653.04 million a year ago. Basic earnings per share from continuing operations was INR 12.95 compared to INR 14.24 a year ago. Diluted earnings per share from continuing operations was INR 12.95 compared to INR 14.24 a year ago.
For the full year, sales was INR 17,585.44 million compared to INR 17,002.2 million a year ago. Revenue was INR 17,935.05 million compared to INR 17,449.76 million a year ago. Net income was INR 2,390.93 million compared to INR 2,335.02 million a year ago. Basic earnings per share from continuing operations was INR 52.46 compared to INR 50.35 a year ago. Diluted earnings per share from continuing operations was INR 52.46 compared to INR 50.35 a year ago.
Dhanuka Agritech Limited is an India-based agri-input company. The Company is engaged in manufacturing a wide range of agro-chemicals, such as herbicides, insecticides, fungicides, plant growth regulators in various forms-liquid, dust, powder, and granules. Its herbicides products include TARGA SUPER, SAKURA, SEMPRA, MAX-SOY, CHEMPA, FENOX, NABOOD, WEEDMAR SUPER, OZONE, DHANUTOP, CRAZE, BARRIER, NOWEED, DABOOCH, DOZO MAXX, ONEKIL, and others. The Companyâs fungicides products include LUSTRE, GODIWA SUPER, CONIKA, CURSOR, KASU-B, SIXER, FUJITA, SPECTRUM, SHEATHMAR, and others. Its insecticides products include FOSTER, MORTAR, D-ONE, FAX SC, AD-FYRE, AREVA, APPLE, and others. Its plant growth regulators include WETCIT, SUELO, MAXYLD, DHANVARSHA, DHANZYME GOLD GRANULES, and others. Its biological products include NEMATAXE, WHITEAXE, SPORENIL, DOWNIL, OMNINXT, and others. The Companyâs distribution network consists of around 6,500 distributors and 80,000 retailers.