Zuari Agro Chemicals posts profit of Rs 157 Cr in FY18

Zuari Agro Chemicals posts profit of Rs 157 Cr in FY18
The standalone Q4 PAT was loss of Rs 15.01 crores, standalone FY18 PAT was Rs 41.95 crore while consolidated FY18 PAT was Rs 157.45 crore

Zuari Agro Chemicals Limited (ZACL) today announced the audited financial results for the quarter ended March 31, 2018.
ZACL’s consolidated income for FY18 is Rs 7,358 crore in comparison to the corresponding FY17 of Rs 6,463.17 crore. Earnings before depreciation, interest and taxes (EBITDA) for FY18 is Rs 622.27 crore against corresponding FY17 of Rs 527.16 crore. Net profit after tax for the FY18 is Rs 157.45 crore against corresponding FY17 loss of Rs 12.83 crore.
ZACL’s standalone income for FY18 is Rs 4,731.21 crore in comparison to the corresponding FY17 of Rs 4,150.06 crore. Earnings before depreciation, interest and taxes (EBITDA) for FY18 is Rs 423.08 crore against corresponding FY17 of Rs 353.81 crore. Net profit after tax for the FY18 is Rs 41.95 crore against corresponding FY loss of Rs 60.36 crore.
On a standalone basis, total income of the company for the Q4 stood at Rs 1,150.78 crore in comparison to the corresponding Q4 last year of Rs 987.44 crore. Profit before tax, stood at loss of Rs 21.16 crore against corresponding quarter last year profit of Rs 7.44 crore, while profit after tax is at a loss of Rs 15.01 crore against corresponding quarter last year profit of Rs 5.63 crore.
Zuari Agro Chemicals Ltd (ZACL) was founded by Indian industrialist Late 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. ZACL has an annual installed capacity to produce 14, 00,000 metric tonnes of fertilisers. The company produces high-quality complex fertilisers of various grades along with seeds, pesticides, micro nutrients, and specialty fertilisers. Zuari is a single-window agricultural solution provider, and partners with Indian farmers for progress and prosperity.
The company enables agricultural self-sufficiency and economic freedom by providing fertilisers that are both affordable and effective.

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