Aarti Industries has released its standalone financial results for the quarter ending September 30, 2024. The company reported a strong YoY growth in revenue but faced a notable decline in net profit.
Financial Highlights:
- Revenue: The company’s revenue from operations (net) grew by 18.3% YoY to ₹1,716 crore in Q2 FY25, up from ₹1,450 crore in Q2 FY24. This growth reflects the company’s ongoing efforts to expand its market reach and enhance its product offerings.
- Net Profit: Aarti Industries reported a net profit of ₹55 crore for Q2 FY25, which is a decline of 39.6% compared to ₹91 crore in the same quarter last year. The reduction in net profit is attributed to increased expenses and other operational challenges that the company encountered during the quarter.