Revenue from operations declined 6.09% YoY to Rs 220.03 crore during the quarter.

Profit before tax stood at Rs 13.18 crore in the June quarter, down from Rs 21.31 crore a year earlier.

Total expenses fell 2.28% YoY to Rs 208.43 crore. However, the cost of materials consumed rose 33.86% to Rs 201.29 crore, while employee benefits expense increased 5.66% to Rs 7.09 crore.

Khaitan Chemicals & Fertilizers manufactures single super phosphate (SSP) and sulphuric acid, with operations across Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh and Gujarat.