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Krishana Phoschem Q2 Results Net Income Reaches 16.74 Crores

Krishana Phoschem Q2 Results with Total Revenue of ₹300.56 crores, up from ₹165.36 crores in June 2023, and Net Income increased to ₹16.74 crores, compared to ₹11.88 crores in the previous quarter.  

by Ruksana

Updated Oct 18, 2024

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Krishana Phoschem Q2 Results Net Income Reaches 16.74 Crores

The Q2 results for Krishana Phoschem show significant financial growth compared to previous periods. In September 2024, the company earned a total revenue of ₹300.56 crores, which is a notable increase from ₹165.36 crores in June 2023. This reflects a strong quarter where the company improved its sales and overall income. The Selling, General, and Administrative Expenses were ₹5.62 crores, a slight increase from ₹5.13 crores in the previous quarter, indicating that the company is managing its operational costs effectively.

Krishana Phoschem’s Depreciation and Amortization expenses decreased slightly ₹to 7.96 crores from ₹8.40 crores, while Other Operating Expenses rose to ₹46.27 crores compared to ₹25.18 crores in the last quarter. The total operating expense was ₹268.24 crores, which shows that while costs are rising, revenue is increasing at a faster rate.

Krishana Phoschem’s Operating Income was ₹32.32 crores, up from ₹24.01 crores, indicating improved profitability. The Net Income Before Taxes also grew to ₹24.79 crores from ₹17.77 crores. Finally, the Net Income increased to ₹16.74 crores, up from ₹11.88 crores, demonstrating that the company is becoming more profitable, despite some increases in expenses. The Diluted Normalized EPS was ₹2.71, compared to ₹1.92 in the previous quarter, reflecting a positive trend in earnings per share.

Here’s a summary of the Q2 results for Krishana Phoschem, presented in a clear table format:

Metric

Sep 24 (Q2)

Jun 23 (Q1)

QoQ Change

Sep 23 (Q2)

YoY Change

Total Revenue

300.56 crores

165.36 crores

-

264.90 crores

-

Selling/General/Admin Expenses

5.62 crores

5.13 crores

-

7.24 crores

-

Depreciation/Amortization

7.96 crores

8.40 crores

-

8.42 crores

-

Other Operating Expenses

46.27 crores

25.18 crores

-

30.36 crores

-

Total Operating Expense

268.24 crores

141.36 crores

-

226.02 crores

-

Operating Income

32.32 crores

24.01 crores

-

38.88 crores

-

Net Income Before Taxes

24.79 crores

17.77 crores

-

28.31 crores

-

Net Income

16.74 crores

11.88 crores

-

19.30 crores

-

Diluted Normalized EPS

2.71

1.92

-

3.12

-

Source: Here 

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Krishana Phoschem Q2 Results

Krishana Phoschem’s table presents the financial results, specifically focusing on the company's performance in terms of income, expenses, and profits. For the quarter ending on September 30, 2024, the company reported a total income of ₹30,294.39 lakhs, which comes from its main operations and other income sources. The income increased compared to previous periods, indicating good performance in sales.

Krishana Phoschem’s table also lists various expenses, including costs for materials, employee salaries, depreciation, and finance costs. The total expenses for the quarter were ₹27,815.13 lakhs. When you subtract total expenses from total income, the company achieved a profit before tax of ₹2,479.26 lakhs. This profit is a positive sign, showing that Krishna Phoschem is managing its costs effectively and earning more than it spends.

Krishana Phoschem After accounting for tax expenses, the profit for the quarter is ₹1,674.45 lakhs. The company also reports other comprehensive income, which affects the overall profit and loss statement. Finally, the earnings per share (EPS), an important measure for investors, is ₹2.71, meaning each share of the company earned this amount. 

Here's the extracted data from the image, presented in a clear table format:

(Rs in Lakhs)

Particulars

Quarter Ended

Half Year Ended

Year Ended

 

30.09.2024

30.06.2024

30.09.2023

Income from Operations

     

1. Revenue from Operations

30,056.39

28,075.88

26,489.70

2. Other Income

(97.20)

323.61

389.94

Total Income (I + II)

30,294.39

28,399.49

26,879.64

Expenses

     

a. Cost of Materials consumed

13,608.00

17,703.93

10,594.80

b. Purchase of stock-in-trade

3,202.60

713.46

5,330.98

c. Changes in inventories of Finished Goods, work in progress and stock in trade

4,028.30

315.22

2,074.06

d. Employee benefits expense

562.13

595.84

724.26

e. Depreciation and amortisation Expense

796.13

788.66

941.65

f. Finance Cost

990.73

4,215.96

969.80

g. Other Expenses

4,627.18

4,562.27

3,036.17

Total Expenses

27,815.13

25,893.18

93,571.72

Profit / (Loss) from before Exceptional items and taxes

2,479.26

2,268.31

2,830.78

Exceptional items

     

Profit / (Loss) before exceptional items and Tax (V + VI)

2,479.26

2,268.31

2,830.78

Tax Expense

     

a. Current Tax

438.04

400.38

499.89

b. Deferred Tax (including MAT credit adjustments)

366.77

226.85

400.78

c. Previous year's Tax

     

Profit / (Loss) for the period from continuing operation (VII - VIII)

1,674.45

1,641.08

1,930.11

Profit / (Loss) from discontinuing operation

     

Tax Expenses of discontinuing operation

     

Profit / (Loss) from discontinuing operation (after tax)

     

Profit / (Loss) for the period (IX - XI)

1,674.45

1,641.08

1,930.11

Other Comprehensive Income

     

(i) Items that will not be reclassified to profit or loss

     

(ii) Income tax relating to items that will not be reclassified to profit or loss

     

(iii) Items that will be reclassified to profit or loss

     

(iv) Income tax relating to items that will be reclassified to profit or loss

     

Total Comprehensive Income for the period (XIII + XIV)

1,674.45

1,641.08

1,930.11

Paid up equity share capital

6,182.76

6,182.76

6,182.76

Face Value of Rs 10/- per equity share

     

Other Equity (Reserves)

     

Earning Per Share (Face Value of Rs 10/- each) (not annualised)

     

a. Basic (Rs. (Restated))

2.71

2.65

3.12

b. Diluted (Rs. (Restated))

2.71

2.65

3.12

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Krishana Phoschem Financial Performance

Krishana Phoschem is a company with a market capitalization of ₹1,365 crore, indicating its total market value. The current stock price is ₹226, with a high of ₹312 and a low of ₹205 in recent trading. The stock's price-to-earnings (P/E) ratio is 32.2, suggesting how much investors are willing to pay for each unit of earnings. Its book value, which reflects the company's net asset value per share, is ₹54.6. The dividend yield is 0.22%, showing a small return on investment for shareholders.

Here’s a summary of the financial data you provided:

Financial Metric

Value

Market Cap

₹ 1,365 Cr.

Current Price

₹ 226

High / Low

₹ 312 / 205

Stock P/E

32.2

Book Value

₹ 54.6

Dividend Yield

0.22 %

ROCE

15.0 %

ROE

14.4 %

Face Value

₹ 10.0

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Quarterly Results 

The table for Krishana Phoschem shows the company's financial performance for March 2024, June 2024, and September 2024. In March, the company made sales of 263 crores, which increased to 281 crores in June and reached 301 crores by September. Expenses were relatively stable, going from 238 crores in March to 239 crores in June and then increasing to 260 crores in September. The operating profit also saw positive changes, rising from 26 crores in March to 42 crores in June but dropping to 40 crores in September. Net profit showed improvement, moving from 6 crores in March to 17 crores in September, indicating the company's strong growth and efficiency. The earnings per share (EPS) increased significantly from 0.92 in March to 2.76 in September, showing that shareholders benefited from the company’s success. 

Here are the quarterly results for March 2024, June 2024, and September 2024:

(Figures in Rs. Crores)

Particulars

Mar 2024

Jun 2024

Sep 2024

Sales

263

281

301

Expenses

238

239

260

Operating Profit

26

42

40

OPM (%)

10%

15%

13%

Other Income

1

1

2

Interest

11

12

10

Depreciation

8

8

8

Profit Before Tax

7

23

25

Tax (%)

17%

28%

32%

Net Profit

6

16

17

EPS in Rs

0.92

2.71

2.76

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About Krishana Phoschem 

Krishana Phoschem is a company that started in 2004 and is located in Madhya Pradesh, India. It specializes in making fertilizers and chemical products. The company produces several important fertilizers, including Beneficiated Rock Phosphate (BRP), Single Super Phosphate (SSP), and Di-ammonium Phosphate (DAP). In February 2023, they began manufacturing NPK complex fertilizers, which are vital for healthy plant growth. Besides fertilizers, Krishana Phoschem also makes chemical products like Sulphuric Acid, H-Acid (used in dyes), and Liquid SO3.

The company uses essential raw materials like Beneficiated Rock Phosphate and Sulphuric Acid to produce their fertilizers. They focus on two key nutrients needed for soil: Nitrogen and Phosphorus. By providing these nutrients, Krishana Phoschem helps farmers improve their crop yields and supports agriculture in the region.


Krishana Phoschem Q2 Results - FAQs

1. What was the total revenue for Krishana Phoschem in Q2 2024?  

Krishana Phoschem reported a total revenue of ₹300.56 crores in Q2 2024.

2. How much did Krishana Phoschem earn in net income before taxes in Q2 2024?

Krishana Phoschem’s net income before taxes in Q2 2024 was ₹24.79 crores.

3. What were the selling, general, and administrative expenses for Krishana Phoschem in Q2 2024?

The selling, general, and administrative expenses for Krishana Phoschem were ₹5.62 crores in Q2 2024.

4. How much did Krishana Phoschem's total operating expenses increase in Q2 2024?

Krishana Phoschem’s total operating expenses increased to ₹268.24 crores in Q2 2024.

5. What was the operating income for Krishana Phoschem in Q2 2024?

Krishana Phoschem achieved an operating income of ₹32.32 crores in Q2 2024.

6. What was Krishana Phoschem’s net profit in Q2 2024?

The net profit for Krishana Phoschem in Q2 2024 was ₹16.74 crores.

7. How much did Krishana Phoschem spend on depreciation and amortization in Q2 2024?

Krishana Phoschem spent ₹7.96 crores on depreciation and amortization in Q2 2024.

8. What was the market capitalization of Krishana Phoschem as of September 2024?

Krishana Phoschem’s market capitalization was ₹1,365 crores as of September 2024.

9. What was the total income for Krishana Phoschem in Q2 2024?  

Krishana Phoschem reported a total income of ₹30,294.39 lakhs in Q2 2024.

10. The total expenses for Krishana Phoschem in Q2 2024 were ₹27,815.13 lakhs.

What are the total expenses for Krishana Phoschem in Q2 2024?

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