Agro business of recycling player Integra Essentia, which specialises in life essentials, has secured a fresh order. According to an exchange filing, the company has bagged advance orders worth Rs 15 crore. 

“Its agro business bagged advance orders amounting to Rs 150 million from Sarveshwar Group. The company is eying to supply agro-products worth about Rs 900 million per year to the Group,” Integra Essentia said in a statement.

Integra Essentia is in the steel and renewable energy business and recently acquired assets of Chateau Indage Winery in Maharashtra.

Meanwhile, Integra Essentia posted a net profit of Rs 7.52 crore in the second quarter ended September 30, 2023 against Rs 2.15 crore in the year-ago period.

The company’s revenue from operations grew by 17.11 per cent from Rs 57.12 crore in Q2FY23 to Rs 66.89.71 Lakhs in Q2FY24. Similarly, EBITDA registered a strong jump of 420.98 per cent from Rs 211.11 Lakhs in Q2FY23 to Rs 1099.84 Lakhs in Q2FY24.
 
Integra Essentia Limited, with a market cap of around Rs 334 crore, also clocked a net profit of Rs 2.15 crore in the year-ago period, the company said in a statement.

The company’s total revenue rose to Rs 74.75 crore over Rs 59.40 crore in the year-ago quarter. Its expenses were at Rs 64.96 crore as against Rs 57.30 crore a year ago.