Best Agrolife registers PAT of Rs 25.78 Cr in Q1 FY22

Best Agrolife, an India-based agrochemical company, has announced its financial results for the quarter ending on June 30, 2021.

The company has registered a revenue of Rs 344.56 crore for the quarter with an EBITDA of Rs 36.06 crore (+316 per cent YOY). The Profit After Tax (PAT) for Q1 FY22 was Rs 25.78 crore, a growth of 256 per cent YOY. EBITDA and PAT margins improved with a YOY increase of 338 per cent and 276 per cent respectively. The EBITDA margin was 10.47 per cent and the PAT margin was 7.46 per cent. The company is now starting to see the benefits of its tremendous efforts in innovation, research, backward integration and good execution, as per a statement issued by Best Agrolife.