Aarti Industries Q1FY24 Results: Consolidated PAT Down to Rs. 70 Cr

Aarti Industries Q1FY24 Results: Consolidated PAT Down to Rs. 70 Cr

Aarti Industries Q1 results show revenue fell from 1656 crores to 1414 crores, a -14.61% decrease in growth. EPS down from ₹4.10 to ₹1.93, down by -52.93%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Aarti Industries shared its Q1 results on Tuesday. They earned 1414 crores in revenue this quarter, but that’s less than the 1656 crores they made last quarter. Unfortunately, the company’s growth decreased by -14.61 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 70 crores, down from 149 crores in the previous quarter. Their quarter-to-quarter growth decreased by -53.02 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹1.93, which is a decrease of -52.93% from the ₹4.10 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 1414 crores this year (2023), which is -12.23 percent lower than last year’s total revenue of 1611 crores.

This year’s PAT (Profit After Tax) is 70 crores, which is also -48.53% lower than last year’s PAT of 136 crores.

The EPS (Earnings Per Share) for this year is ₹1.93, which is -48.40% less than the EPS of ₹3.74 earned last year.

Also Read: Hindalco Q1FY24 Results: Consolidated PAT of Rs. 2454 Cr

Aarti Industries Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Aarti Industries:

Aarti Industries Limited specializes in the production of specialty chemicals. The company is engaged in the research, development, and manufacturing of fundamental chemicals, as well as intermediates for dyes, pigments, pharmaceuticals, agrochemicals, rubber chemicals, and surfactants. With a global reach, Aarti Industries caters to customers all around the world.

Download the Full PDF of Aarti Industries Q1 Results: Click Here

For more of the Latest News, Click Here

Leave a Reply

Your email address will not be published. Required fields are marked *