Mumbai : Godavari Biorefineries Ltd., one of the larger producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India, announced its Unaudited Financial Results for the quarter ended on December 31, 2024.
Key Financial Highlights (Consolidated)
|
Particulars (Rs. Cr) |
Q3 FY25 |
Q3 FY24 |
9M FY25 |
9M FY24 |
|
Revenue from |
447.3 |
398.0 |
1,290.7 |
1,071.5 |
|
EBITDA* |
39.7 |
46.8 |
(1.4) |
23.6 |
|
EBITDA Margins (%) |
8.9% |
11.8% |
–0.1% |
2.2% |
|
PAT (excl. one time impact |
5.8 |
38.4 |
(70.8) |
(52.9) |
|
One time impact of Deferred Tax# |
0.0 |
0.0 |
24.5 |
0.0 |
|
PAT (incl. one time impact of Deferred Tax) |
5.8 |
38.4 |
(95.3) |
(52.9) |
|
PAT Margins (%) |
1.3% |
9.7% |
-5.5% |
-4.9% |
* EBIDTA Includes Other Income# Non-cash item
Commenting on the Results, Shri Samir Somaiya, CMD said, –
We are continuing to diversify our revenue streams, with a strategic focus on bio-based chemicals and strengthening our Ethanol division through the exploration of multiple feedstocks. The Bio-chemicals and Ethanol segment is poised to become a key driver of our future expansion, reinforcing our vision of building a sustainable, innovation-led bio-refining business.
In the pursuit of these goals, we have expanded capacity of 1,3 Butylene Glycol, licensed a technology to make Bio-Butanol and higher alcohols, placed an order for a corn/grain-based distillery, and used our IPO proceeds to reduce term debt which will reduce our finance costs going forward.
In January 2025, the Government has allowed a million-ton export of sugar from India. This has improved sugar prices and will help the industry that was facing pricing pressures in the last quarter.
With this, we are w