Anmol India Ltd. (BSE: 542437, NSE: ANMOL), one of the leading players in Supply chain management industry, Commodity Trading, and Coal Import, in its board meeting held on
May14, 2024 has approved the audited Financial Results of the Company for the quarter and year ended on 31March 2024.
For the quarter ended 31 March 2024, the company reported its revenue from operations at Rs. 402.88 Crores, a growth of 8.85% YoY. The EBITDA was reported at Rs. 7.14 Crores, with the PAT coming in at Rs. 3.91 Crores.
For the year ended 31 March 2024, the revenue from operations rose 6.45% YoY, from Rs. 1410.24 Crores (FY23), to Rs. 1501.24 Crores. The EBIDTA recorded a robust growth of 14.67% YoY, from Rs. 36.53 Crores (FY23) to Rs. 41.89 Crores (FY24). PAT rose 12% YoY, from Rs. 18.66 Crores (FY23), to Rs. 20.90 Crores (FY24).
Commenting on the FY24 Performance, the Management added, “It is with great pleasure that we announce the company’s full-year FY24 financial results, which reflect our commitment to sustainable growth and resilience. We are delighted to report a commendable 6.45% increase in Revenue from Operations, surging from Rs. 1410.24 Cr in FY23 to Rs. 1501.24 Cr in FY24. Our business model’s enduring strength and the effectiveness of our strategic initiatives have enabled this growth.
Further, our EBITDA continued to expand, rising from Rs. 36.53 Cr in FY23 to Rs. 41.89 Cr in FY24, a notable increase of 14.67 percent. We are relentlessly pursuing operational excellence and efficiency enhancements across multiple facets of our operations.
In addition, our Profit After Tax (PAT) increased by 12% in FY24 from Rs. 18.66 Cr in FY23 to Rs. 20.90 Cr. We are committed to delivering value to our shareholders while maintaining a prudent approach to our financial management in light of this growth.
Our strategic focus remains centered on driving sustainable growth, fostering innovation, and delivering superior value to all our stakeholders. We extend our sincere gratitude to our unwavering support and commitment to our team, customers, and shareholders throughout this journey. Together, we are confident in our ability to overcome challenges, capitalize on opportunities, and achieve even greater heights of success in the times to come.”
Anmol India is led by Mr. Chakshu Goyal, an ISB Alumnus, who has led various digital initiatives to steer the growth of the company. Anmol has earned a reputable position in the Supply chain management industry, Commodity Trading, and Coal Import with a remarkable growth trajectory since its inception. The company has garnered trust and loyalty from clients across 100 diverse locations in India. The company has undergone a significant transformation, embracing an enhanced end-to-end supply chain management approach for
commodity trade. This comprehensive strategy encompasses a wide range of services, bolstered by advanced research capabilities and an optimized global sourcing strategy. It has fortified its operations by streamlining critical aspects, including the coordination of sea freights, meticulous cargo handling, robust insurance arrangements, meticulous fund management, efficient inland logistics, and seamless last-mile delivery. These improvements have been implemented as part of its ambitious expansion plan, ensuring a more robust and efficient system than ever before. The company is aiming for strategic diversification, including portfolio and demographic diversification, to augment sales and yield the strategic benefits of geographical diversification, flexibility, adaptability, and enhanced negotiating power. Anmol India Ltd is listed on BSE & NSE. It is committed to delivering long-term value to its shareholders. The company believes in transparent and ethical business practices and is dedicated to upholding the highest standards of corporate governance.