Stock Report

Aarti Industries Ltd posts consolidated net profit of Rs. 91 crores in Q2 FY2024

Posted On : 2023-11-05 20:12:06( TIMEZONE : IST )

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

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1454 crores during the period ended September 30, 2023 as compared to Rs. 1414 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 91 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 70 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.50 for the period ended September 30, 2023 as compared to Rs. 1.93 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 1454 crs	₹1414 crs	2.83%
Net Profit	₹91 crs	₹70 crs	30.00%
EPS	₹2.50	₹1.93	29.53%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1454 crores during the period ended September 30, 2023 as compared to Rs.1685 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.91 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.124 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.50 for the period ended September 30, 2023 as compared to Rs.3.43 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 1454 crs	₹1685 crs	-13.71%
Net Profit	₹91 crs	₹124 crs	-26.61%
EPS	₹2.50	₹3.43	-27.11%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2868 crores during the 6 Months period ended September 30, 2023 as compared to Rs.3296 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.160 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.260 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.4.43 for the 6 Months period ended September 30, 2023 as compared to Rs.7.17 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹2868 crs	₹3296 crs	-12.99%
Net Profit	₹160 crs	₹260 crs	-38.46%
EPS	₹4.43	₹7.17	-38.21%

Shares of Aarti Industries Limited was last trading in BSE at Rs. 460.35 as compared to the previous close of Rs. 456.45. The total number of shares traded during the day was 16619 in over 770 trades.

The stock hit an intraday high of Rs. 464.10 and intraday low of 458.60. The net turnover during the day was Rs. 7672338.00.