X

Aether Industries Ltd Q1FY24; 3% fall in Profits.

Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol.

Financial Results:

Aether Industries Ltd reported Revenues for Q1FY24 of ₹161.00 Crores up from ₹160.00 Crore year on year, a rise of 0.62%.

Total Expenses for Q1FY24 of ₹126.00 Crores down from ₹126.00 Crores.

Consolidated Net Profit of ₹30.00 Crores down 3.23% from ₹31.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.39, down 2.85% from ₹2.46 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: Earnings
Tags: Chemicals
Related Post