Aarti Industries Ltd consolidated Q1 FY2024 net profit lower at Rs. 70 crores

Aarti Industries Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1414 crores during the period ended June 30, 2023 as compared to Rs. 1656 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 70 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 149 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.93 for the period ended June 30, 2023 as compared to Rs. 4.10 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1414 crs	₹1656 crs	-14.61%
Net Profit	₹70 crs	₹149 crs	-53.02%
EPS	₹1.93	₹4.10	-52.93%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1414 crores during the period ended June 30, 2023 as compared to Rs.1611 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.70 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.136 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.93 for the period ended June 30, 2023 as compared to Rs.3.74 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1414 crs	₹1611 crs	-12.23%
Net Profit	₹70 crs	₹136 crs	-48.53%
EPS	₹1.93	₹3.74	-48.40%

Shares of Aarti Industries Limited was last trading in BSE at Rs. 473.55 as compared to the previous close of Rs. 474.95. The total number of shares traded during the day was 124904 in over 5876 trades.

The stock hit an intraday high of Rs. 477.95 and intraday low of 464.65. The net turnover during the day was Rs. 58767900.00.

Source : Equity Bulls

Keywords

AartiIndustries Q1FY24 ResultUpdate