Seed Industry Strategic Overview
K
Q2 FY18 Performance Review
Standalone
Profitability impacted by:
Strong topline growth contributed to
by sales across both cotton and non
cotton
Other income lower as a result of
lower redemptions
Rs. lakhs
Net Sales
H1 FY18 H1 FY17
Growth (%)
Q2FY18
Q2FY17
Growth (%)
66,015.91 56,177.32
17.51
6,960.04 6,776.43
2.71
Cost of Production
Gross Profit
33,184.60
32,831.31 24,603.14
31,574.18
5.10
2,470.39 4,121.47
(40.06)
33.44
4,489.65
2,654.96
69.10
Gross Margin (%)
49.73
43.80
13.56
64.51
39.18
64.64
Employee cost
2,348.70
1,859.54
26.31
1,167.89 784.70
48.83
Cost of production lower as a result of
significantly lower write offs
Other Expenses
8,321.06
6,580.07
26.46
1,847.99 1,532.71
20.57
Other income
2,069.05
2,248.56
(7.98)
1,640.31 1,704.70
(3.78)
EBITDA
24,230.60
18,412.09
31.60
3,114.08 2,042.25
52.48
EBITDA Margin (%)
36.70
32.77
11.99
44.74
30.14
48.46
Depreciation
1,236.06
1,504.39
(17.84)
605.91
724.51
(16.37)
Finance Cost
30.68
3.72
724.73
6.63
2.20
201.54
PBT
22,963.86 16,903.98
35.85
2,501.54
1,315.54
90.15
PAT
22,328.30
16,211.35
37.73
2,090.62
774.45
169.95
PAT Margin (%)
33.82
28.86
17.21
30.04
11.43
162.83
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