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Aether Industries Ltd Q4FY24; 36% fall in Revenue

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 Q4FY24 of ₹117.53 Crores down from ₹183.78 Crore year on year, a fall of 36.05%.

Total Expenses for Q4FY24 of ₹121.32 Crores down from ₹132.21 Crores year on year, a fall of 8.24%.

Consolidated Net Profit of -₹1.43 Crores from ₹37.56 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.11, from ₹3.02 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.

Tags: Chemicals
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