{"id":5024,"date":"2024-11-16T14:35:42","date_gmt":"2024-11-16T09:05:42","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5024"},"modified":"2024-11-16T14:35:44","modified_gmt":"2024-11-16T09:05:44","slug":"narmada-agrobase-q2-profit-jumps-amid-reduced-expenses","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/narmada-agrobase-q2-profit-jumps-amid-reduced-expenses\/","title":{"rendered":"Narmada Agrobase Q2 Profit Jumps Amid Reduced Expenses"},"content":{"rendered":"\n<p>Narmada Agrobase Ltd reported a significant increase in net profit for the July-September quarter of FY25, supported by lower operating costs. The company posted a net profit of \u20b91.29 crore, a notable rise from the same period last year.<\/p>\n\n\n\n<p>Revenue from operations stood at \u20b910.24 crore, slightly down from \u20b911.40 crore in Q2 FY24. However, total expenses dropped to \u20b98.51 crore from \u20b911.24 crore, driven by reduced raw material and inventory costs. As a result, operating profit (EBITDA) surged to \u20b92.06 crore.<\/p>\n\n\n\n<p>It is still positive about growth prospects in the future, expanding its market and product portfolios. Recently, Narmada Agrobase raised \u20b936.58 crore through a rights issue proposed for meeting the growth and expansion plans.<\/p>\n\n\n\n<p>On November 14, the shares of Narmada Agrobase closed 4% higher at \u20b915 on BSE due to investor confidence in the company&#8217;s performance and strategy.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/narmada-agrobase-q2-results-company-reports-rise-in-net-profit-on-lower-expenses-12833053.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/narmada-agrobase-q2-results-company-reports-rise-in-net-profit-on-lower-expenses-12833053.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Narmada Agrobase Ltd reported a significant increase in net profit for the July-September quarter of FY25, supported by lower operating costs. The company posted a net profit of \u20b91.29 crore, a notable rise from the same period last year. Revenue from operations stood at \u20b910.24 crore, slightly down from \u20b911.40 crore in Q2 FY24. However, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5025,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[684],"class_list":["post-5024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-narmada-agrobase-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5024"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5024\/revisions"}],"predecessor-version":[{"id":5026,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5024\/revisions\/5026"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5025"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}