Aarti Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 10, 2024 at 08:54 am EDT
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Aarti Industries Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 19,550 million compared to INR 18,260 million a year ago. Revenue was INR 17,730 million compared to INR 16,560 million a year ago. Net income was INR 1,320 million compared to INR 1,490 million a year ago. Basic earnings per share from continuing operations was INR 3.64 compared to INR 4.1 a year ago. Diluted earnings per share from continuing operations was INR 3.64 compared to INR 4.1 a year ago.
For the full year, sales was INR 70,120 million compared to INR 72,830 million a year ago. Revenue was INR 63,810 million compared to INR 66,190 million a year ago. Net income was INR 4,160 million compared to INR 5,450 million a year ago. Basic earnings per share from continuing operations was INR 11.49 compared to INR 15.04 a year ago. Diluted earnings per share from continuing operations was INR 11.49 compared to INR 15.04 a year ago.
Aarti Industries Limited is an India-based company, which is engaged in manufacturing and dealing in specialty chemicals and intermediates. The Company specializes in benzene-based derivatives. The Company operates through two segments: Specialty Chemicals and Pharmaceuticals. Its Specialty Chemicals segment serves polymer and additives; agrochemicals and intermediates; dyes, pigments, paints, and printing inks; pharma intermediates, and fuel additives, rubber chemicals, and resins markets. Its Pharmaceuticals segment serves active pharmaceutical ingredients and intermediates for innovators and generic companies. The Companyâs chemical product category include Chlorination, Nitration, Hydrogenation, Ammonolysis, Halex, Dinitro chlorination, Alkylation, Hydrolysis, Methoxylation, Esterification, Diazotization, Sulphonation, Condensation, N-Alkylation, Oxidation, and Other (inorganic). The Company also provides for analytical and process safety testing.
AARTI INDUSTRIES LIMITED 
