Aarti Industries shares tumble 9% as Q2 PAT falls 43% YoY

economictimes.indiatimes.com:

The same stood at Rs 137 crore in the corresponding quarter of the previous financial year. Meanwhile, on a quarter-on-quarter (QoQ) basis, the figure had declined by 62%.

The revenue from operations was, however, up by 12% YoY to Rs 1,786 crore against Rs 1,597 crore reported in the same quarter of FY24.

Aarti Industries’ EBITDA stood at Rs 202 crore, which was down by 13% YoY and by 35% QoQ.

However, the company’s non-energy business volumes grew by 22% YoY and an uptick was visible across end applications into dyes, pigments, polymer additives. The Agrochemicals segment continued to remain soft.

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