Earnings | Aether Industries Limited (NSE: AETHER): Q4FY23 Results Out; Total Income rises 25% YoY.

Aether Industries Limited is a textile company based in Surat, India. The company is engaged in the manufacture and export of a range of textiles, including polyester filament yarn, dyed and printed fabrics, and home textile products. Aether Industries has a production capacity of over 2,50,000 spindles and 7,000 rotors, making it one of the largest textile manufacturers in India. The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact, including the installation of solar panels and the use of eco-friendly dyes. Aether Industries has a global presence and exports its products to over 50 countries worldwide.
• Aether Industries Limited reported Total Income for Q4 FY23 of ₹184 Crore up from ₹147 Crore year on year, a growth of 25%.
• Total Expenses for Q4 FY23 of ₹132 Crore up from ₹112 Crore year on year, a growth of 18%.
• Consolidated Net Loss of ₹37 Crore, up 42% from ₹26 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹3.02, up 31% from ₹2.31 in the same quarter of the previous year.