Harshdeep Hortico Limited’s EBITDA Surges (Image Source: iStockphoto)
Harshdeep Hortico Limited has announced stellar financial results for the fiscal year ending March 31, 2024, solidifying its position as a key player in the industry. The company’s Board Meeting, convened on April 24, 2024, reviewed and endorsed the robust performance figures, showcasing a significant growth trajectory across key financial indicators.
The company recorded a remarkable increase in standalone revenues, amounting to Rs 48.42 crores for the fiscal year ending March 31, 2024, compared to Rs 40.77 crores in the previous year.
The company witnessed substantial growth in standalone EBITDA, reaching Rs 10.77 crores for the fiscal year ending March 31, 2024, compared to Rs. 5.98 crores in the preceding year.
Harshdeep Hortico Limited achieved standalone PAT of Rs. 6.55 crores for the fiscal year ending March 31, 2024, marking a substantial increase from Rs. 1.85 crores in the previous fiscal year.
Mr. Harshit Hitesh Shah, the Whole-time Director of Harshdeep Hortico Limited, expressed his enthusiasm regarding the company’s record-breaking achievements, highlighting the collective efforts and dedication of the team. He stated, “We are thrilled to report record earnings for our company this year! This marks an incredible milestone for our team and is a testament to the hard work and dedication of our employees. We look forward to continuing to serve our stakeholders through delivering innovative technology and excellent customer service.”
On Wednesday, the shares of Harshdeep Hortico Limited closed at Rs 70.72, 1.33 per cent up from the previous day’s closing. The 52 week high and low of the share is Rs 76.76 and Rs 39 respectively.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. TT Research DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
