Piccadily Agro Industries Reports Strong Financial Growth Amid Rising Interest Expenses in May 2025

Piccadily Agro Industries, a midcap player in the sugar industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 20, 2025, indicate a notable adjustment in evaluation, with the score moving to 1 from -4 over the past three months. The financial data reveals several positive trends for Piccadily Agro. Profit Before Tax (PBT) reached Rs 51.50 crore, reflecting a growth of 44.4% compared to the average PBT of the previous four quarters. Similarly, Profit After Tax (PAT) stood at Rs 39.86 crore, marking a significant increase of 50.7% over the prior four-quarter average. Net Sales also demonstrated a positive trajectory, amounting to Rs 255.23 crore, which is a 22.7% rise from the previous average. On the liquidity front, cash and cash equivalents have reached their highest level in the last six half-yearly periods at Rs 233.74 crore, indicating an improvement in short-term liquidity. Additionally, the Debt-Equity Ratio has decreased to 0.35 times, the lowest in the last five half-yearly periods, suggesting a reduction in borrowing relative to equity capital. However, the company is facing challenges as interest expenses have surged to Rs 18.37 crore, reflecting a 93.57% increase over the previous half-year period, indicating rising borrowing costs. For more insights, Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.