Gujarat Ambuja Exports (GAEL) Q2 24/25 earnings summary

Executive summary

• Q2 FY25 consolidated revenue was ₹1,124.64 crore and net profit ₹69.31 crore; H1 revenue was ₹2,215.08 crore and net profit ₹146.02 crore.

• Q2 profit before tax was ₹94.23 crore, down from ₹109.10 crore YoY; H1 PBT was ₹194.56 crore versus ₹201.34 crore.

Financial highlights

• Q2 consolidated total income was ₹1,144.38 crore; total expenses were ₹1,050.15 crore.

• Q2 consolidated EPS was ₹1.51 basic and diluted versus ₹1.80 YoY; H1 EPS was ₹3.18 versus ₹3.35, restated for the bonus issue.

• H1 consolidated operating cash flow was ₹182.51 crore versus an outflow of ₹118.22 crore in H1 FY24.

Segment performance

• Maize Processing Q2 revenue was ₹877.34 crore and segment result ₹79.00 crore, versus ₹828.52 crore and ₹110.65 crore YoY; H1 result was ₹171.70 crore versus ₹210.96 crore.

• Other Agro Processing Q2 revenue was ₹236.01 crore and result ₹19.32 crore, compared with ₹272.19 crore and a ₹17.30 crore loss YoY; H1 result was ₹19.79 crore versus a ₹27.47 crore loss.

• Spinning posted a Q2 loss of ₹2.28 crore and H1 loss of ₹3.29 crore; Renewable Power results were ₹1.21 crore and ₹2.87 crore, respectively.