Conference Call with Dhanuka Agritech Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: MK Dhanuka and Senior Team
Agrochemicals manufacturer Dhanuka Agritech announced Q2FY23: Dhanuka Agritech clocked Rs 73.02 crore profit during the July-September quarter of FY'23, up 15.2% from the same quarter of the previous fiscal year. Total revenue grows 23.7% YoY to Rs 542.90 crore Commenting on the Q2 performance, MK Dhanuka, Managing Director, Dhanuka Agritech said: "We have witnessed reasonable growth in the top line but faced pressure on our margins due to high raw material prices. While the prices of raw materials increased, we did not pass them on to the consumers, which has impacted our margins. Apart from this, the margins were impacted due to the depreciation of the Rupee Vs Dollar”. Result PDF