ADVANCE Q2 : STANDALONE NET PROFIT DOWN 25.7% AT 11.79 CR (YOY), DOWN 47.7% (QOQ). WEAK (ON 1ST LOOK)

Revenue up 35% at 287.15 Cr (YOY), down 13.1% (QOQ). Ebitda down 29.8% at 18.26 Cr (YOY); margins 6.4% v 12.2% (YOY), 10.7% (QOQ). Company obtained RRECL registration for ~4 MW captive solar project at Bikaner (Rajasthan), revised from earlier 3.75 MW Jodhpur plan.

Advance Agrolife Limited

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