Aether Industries Limited, India’s leading specialty chemical manufacturer, has announced its financial results for the second quarter ended on September 30, 2024, demonstrating strong performance and continued growth momentum. The company has also achieved improvements in its working capital cycle and cash flow management.

Revenue from Sales stood at Rs. 198.80 crores in Q2 FY25, a 10.43% increase compared to Q1 FY25. Total Revenue of Rs. 209.77 crores, reflecting a 9.27% growth quarter-on-quarter. EBITDA for Q2 FY25 was Rs. 61.28 crores, up 17.56% from the previous quarter.

Profit After Tax (PAT) increased to Rs, 34.80 crores in Q2 FY25, registering a 16.26% rise QoQ.

Additionally, the company has successfully reduced its working capital cycle, paving a way to better ratios in near future and has registered a positive cash flow from operations for both the quarter and the six-month period under review, underscoring its commitment to efficient financial management and operational excellence.

H1 FY25 vs H1 FY24 Highlights:

Total Revenue grew to Rs. 401.75 crores for H1 FY25, a 17.58% increase over H1 FY24

EBITDA improved by 5.89% to Rs. 113.40 crores compared to the same period last year

PAT for H1 FY25 was Rs. 64.73 crores

Rohan Desai, Promoter & Whole-time Director of Aether Industries said, “Our financial results for this quarter reflect our strategic focus on growth and operational efficiency. The reduced working capital cycle and positive cash flow from operations are strong indicators of our ability to manage resources effectively. We have successfully managed to increase our EBITDA margin while maintaining robust revenue growth. This demonstrates our commitment to delivering value to our stakeholders and reinforces our position as a leader in the specialty chemicals sector. Looking ahead, we remain focused on expanding our market presence and driving sustainable growth.”