| Company | Value | Change | %Change |
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The company’s net profit dropped by 29.2%, standing at ₹71.4 crore, down from ₹100.8 crore in the year-ago period. Revenue also fell by 13.1% to ₹1,130.9 crore, compared to ₹1,301.8 crore last year.
Despite the dip in profit and revenue, the company managed to maintain its operational performance. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) were marginally lower at ₹123 crore, down 2% from ₹125.5 crore a year earlier.
On a positive note, the company’s EBITDA margin improved to 10.9% from 9.6%, indicating better cost management and operational efficiency.
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Gujarat Ambuja Exports Limited (GAEL), based in Ahmedabad, is a company that processes agricultural products. It produces and exports items like corn starch, soya-based products, cotton yarn, and edible oils.
The company has a market capitalisation of around ₹5,217.38 crore. However, its share price has dropped by nearly 19% over the past six months.
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(Edited by : Ajay Vaishnav)