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Revenue from operations increased 16.63% year on year to Rs 371.22 crore in Q4 FY23.
Profit before tax advanced 20.19% to Rs 86.74 crore in Q4 FY23 from 72.17 crore in Q4 FY22.
Total expense increased 15.84% YoY to Rs 299.22 crore. Cost of material consumed stood at Rs 232.86 crore (up 19.51% YoY), employee benefit expenses was at Rs 28.52 crore (up 3.6% YoY) during the period under review.
On full year basis, the company's net profit jumped 11.78% to Rs 233.50 crore on 15.04% rise in revenue from operations to Rs 1,700 crore in FY23 over FY22.
Meanwhile, the company's board recommended a dividend of Rs 2 per equity share having face value of Rs 2 per share.
Dhanuka Agritech is an agrochemical company. The company has three manufacturing facilities in Rajasthan, Gujarat and J&K with quality testing facilities. The R&D center is located at Gurgaon.
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