Aarti Industries Q2 net profit declines 43% as margins contract to 12.1%

Speciality chemicals company Aarti Industries Ltd. reported a 43% year-on-year decline in standalone net profit for Q2, ending 30 September 2024.

Net profit dropped to ₹52 crore from ₹91 crore, as higher expenses and operational challenges impacted performance.

Revenue grew 12% YoY, reaching ₹1,628 crore compared to ₹1,454 crore in the previous year, reflecting the company’s push to expand its market reach and diversify product offerings.

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However, EBITDA declined 15.5% to ₹197 crore from ₹233 crore, while the EBITDA margin contracted to 12.1% from 16% YoY.

Also Watch | Suyog Kotecha, CEO & ED, Aarti Industries discuss Q2 FY25 figures in an interview with CNBC-TV18.

These results were released post-market hours, with Aarti Industries shares closing at ₹474.75 on the BSE, down 7.82% on the day.

Also read: Ashok Leyland Q2 Results: Record profit with double-digit EBITDA for 7th straight quarter