Agrochemicals company, Best Agrolife Ltd has announced their financial Q1FY22 results i.e. for the quarter ending on 30th June 2021. Best Agrolife Ltd. registered revenue of INR. 344.56Cr. For the quarter with EBITDA of INR. 36.06 Cr. (+316% YOY)

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Financial Highlights:
EBITDA Rs. 36.06 Cr (+316% YOY)
EBITDA Margin 10.47% (+338% YOY)
PAT for Q1 FY22 Rs. 25.78 Cr (+256% YOY)
PAT Margin 7.46% (+276% YOY)

Commenting on the results, Vimal Alawadhi, Managing Director, Best Agrolife Ltd, said, "We are extremely pleased to announce our quarterly results, which showcase the progress the company is making in creating a robust and fast growing business.  Our company is now starting to see the benefits of its tremendous efforts in innovation, research, backward integration and good execution."

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"We are extremely excited about the growth and innovation coming through by way of market leading products in the upcoming quarters, thus creating an extremely strong pipeline of business. We expect to create significant value for all our stakeholders.  Our continuous efforts to understand the needs of our biggest stake holders, the farmers, is showing us the path to create innovative products for their benefit and aid in sustainable farming," Alawadhi added.