Sigachi Reports 21% Drop In Net Profit

Hyderabad: Sigachi Industries Limited has announced that the company’s net profit fell by approximately 21.16 per cent, coming down to Rs16.17 crore in Q4 from Rs20.51 crore in the previous quarter. This dip comes alongside a decline in both revenues from operations and total income. Revenue from operations in Q4 stood at Rs128.2 crore, down from Rs139.41 crore in the previous quarter -- a fall of about 8.04 per cent. Total income also dropped to Rs130.39 crore in Q4 compared to Rs141.43 crore in Q3, marking a 7.81 per cent decrease. Despite the quarter-on-quarter (QoQ) decline, the company remains optimistic about its growth prospects. Commenting on the performance and outlook, Sigachi Industries Managing Director and CEO Amit Raj Sinha said: "FY25 has been a transformative year for Sigachi, marked by robust financial outcomes and strategic expansions across excipients and APIs."