Revenue recorded an increase of Rs. 63 crores quarter on quarter to Rs. 192 crores
Aether Industries Limited, India’s leading specialty chemical manufacturer that focuses on advanced intermediates and specialty chemicals, has announced its quarterly financial results following the listing of its shares for the first quarter ended on June 30, 2024.
Q1FY25 vs Q4FY24 Highlights –
· Revenue from operations stood at Rs. 180 crores in Q1FY25 as against Rs. 118 crores in Q4FY24
· EBITDA reported at Rs 52 crores in Q1FY25 as compared to Rs. 14 crores in Q4FY24
· Profit Before Tax stands at Rs 39 crores in Q1FY25 as against Rs. 4 crores in Q4FY24
· Profit After Tax reported was at Rs.30 crores in Q1FY25 as against -1 crore in QFY24
Q1FY25 vs Q1FY24 Highlights –
· Revenue from operation stood at Rs. 180 crores in Q1FY25 as compared to Rs. 118 crores in Q1FY2
· EBITDA reported at Rs. 52 crores in Q1FY25 as against Rs. 47 crores in Q1FY24
· Profit Before Tax stood at Rs. 39 crores in Q1FY25 as compared to Rs. 38 crores in Q1FY24
· Profit After Tax increased to Rs 30 crores in Q1FY25 as against Rs. 30 crores in Q1FY24
Commenting on the results, Dr. Aman Desai, Promoter & Whole-time Director, Aether Industries, said, “Reflecting on our financial performance for the quarter, I am pleased to highlight the significant recovery we’ve made over the last quarter. The improved topline demonstrates the effectiveness of our strategic initiatives and our resilience in a dynamic market environment. We continue to prioritize the research and development arm of our business. In the niche industry we operate in, enhanced market research across sectors will significantly boost our growth. As we continue to focus on sustainable growth and value creation for our stakeholders, we remain confident in our ability to navigate the evolving landscape and achieve our long-term objectives. We are on course to advancing Aether Industries as the leader in the specialty chemicals sector.”
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