I G Petrochemicals Reports Decline in Profitability and Sales Amid Rising Costs in March 2025

I G Petrochemicals, a small-cap player in the commodity chemicals industry, has recently reported its financial results for the quarter ending March 2025. The results indicate a notable shift in the company's financial landscape, with the overall evaluation reflecting a downward adjustment.
The Profit After Tax (PAT) for the quarter stands at Rs 18.96 crore, which represents a decline compared to the average PAT of Rs 24.69 crore over the previous four quarters. This trend suggests challenges in maintaining profitability. Similarly, net sales have also shown a decline, recorded at Rs 480.08 crore, which is the lowest figure in the last five quarters and falls short of the previous four-quarter average of Rs 570.03 crore.

Additionally, the Profit Before Tax (PBT) has decreased to Rs 20.16 crore, again lower than the average of Rs 24.20 crore from the prior quarters. Interestingly, interest expenses have surged significantly, indicating a rise in borrowing costs, with the quarterly interest recorded at Rs 10.71 crore.

Overall, these financial results have led to a revision in I G Petrochemicals' score, reflecting the current challenges faced by the company.

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