GAEL Q2 : STANDALONE NET PROFIT UP 246.6% AT ₹131.99 CR (YOY), DOWN 25.4% (QOQ). STRONG (ON 1ST LOOK)

Revenue down 2.4% at ₹1,451.33 Cr (YOY), down 9.0% (QOQ). PBT up 248.9% at ₹177.39 Cr (YOY), down 24.6% (QOQ); PBT margin 12.2% v 3.4% (YOY), 14.8% (QOQ). Maize Processing revenue ₹1,212.26 Cr v ₹755.45 Cr (YOY); segment result ₹168.07 Cr v ₹6.99 Cr (YOY). Other Agro Processing revenue ₹195.85 Cr v ₹713.31 Cr (YOY).

Gujarat Ambuja Exports Ltd

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