Aarti Surfactants Reports Strong Q1 Growth, Appoints New Directors
Aarti Surfactants Limited announced strong Q1 results with a 50.5% increase in revenue to Rs 215.90 crore and a 31.3% rise in net profit to Rs 3.06 crore. The company approved two new board appointments: Mr. Parimal H. Desai as Non-Executive Director and Mrs. Nisha B. Shah as Independent Director, effective October 1. M/s. Parikh & Associates were appointed as Secretarial Auditors for five years.
13May 25
Aarti Surfactants Reports Impressive Q4 Results and Announces Dividend
Aarti Surfactants Limited has reported strong Q4 results with net profit rising 76.03% to ₹98.40 crore and revenue increasing 27.04% to ₹202.00 crore year-over-year. The company has also recommended a dividend of ₹1.00 per equity share.
Aarti Surfactants Limited announced impressive Q4 FY24 results, with revenue increasing 27% to ₹202.00 crore and net profit jumping 76% to ₹9.84 crore year-over-year. EBITDA grew 30% to ₹19.75 crore, with a slight improvement in EBITDA margin to 9.77%. The company declared a dividend of ₹1.00 per equity share for FY 2023-24. Despite a marginal 1.93% decrease in annual revenue, FY 2024 saw significant improvements in profitability metrics, with net profit rising 67.72% to ₹21.30 crore and EPS increasing 60.04% to ₹26.63.