Kanoria Chemicals & Industries Ltd Reports 69% EBITDA Increase in FY 2024-25

Kanoria Chemicals & Industries Ltd, in its 65th Annual General Meeting, presented improved efficiencies and realisations for the financial year 2024-25. The company's EBITDA increased by 69%, reaching 5,358 from 3,169 in the previous year. However, the EBTDA was affected by a non-cash impairment loss of investments in subsidiaries amounting to 2,016. The finance cost also increased due to the requirement of funds for capacity expansion of Formaldehyde & Hexamine. The profit from continuing operations was also positive, contributing to the net profit and earnings per share.