{"id":134820,"date":"2022-08-10T03:30:00","date_gmt":"2022-08-10T07:30:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=134820"},"modified":"2022-10-18T08:29:05","modified_gmt":"2022-10-18T12:29:05","slug":"aarti-industry-reported-stellar-performance-in-q1fy23-revenue-up-by-45","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/aarti-industry-reported-stellar-performance-in-q1fy23-revenue-up-by-45\/","title":{"rendered":"Aarti Industries reported stellar performance in Q1FY23, Revenue up by 45%"},"content":{"rendered":"\n<p>On Wednesday, Aarti Industry reported its earnings for the quarter ended June 30, 2022. The revenue from operations (gross) grew by 45% Y-o-Y to INR 2,173 Crores from INR 1,503 Crores during the same period. While the net profit was up by 15% from INR 165 Crores to INR 189 Crores and the EPS rose by 10% during the same period. <\/p>\n\n\n\n<p>Despite shortage of nitric acid, revenues of Aarti&#8217;s speciality chemicals business rose by a stunning 43.8% to INR 1765.59 Crores in Q1 compared to INR 1227.70 Crores in the same quarter a year ago. Higher share of value added products (74%) too galvanized product realizations, thus propping revenues. Thanks to its pricing model &#8211; absolute margins per kg &#8211; speciality chemicals EBIT dropped to 14.2% as against 18.9% in the same quarter a year ago. Higher volume ramp up is expected largely due to higher capacity utilization of assets related to first and second long term contracts.<\/p>\n\n\n\n<p>Its pharmaceuticals business was barely left behind for its revenues grew by a blistering 47.8% not least due to higher of take of generic products and xanthine. Passing of higher input prices too boosted the topline. Its EBIT margin was all but stable for it dropped by some 30 bps to 18.7% as against 19% in the same quarter a year ago. Pharmaceutical business will scarcely stymie not least due to commencement of commercial production of USFDA approved API facility at Tarapur sometime in early Q2.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"918\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/artii-industries-918x1024.png\" alt=\"\" class=\"wp-image-134821\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/artii-industries-918x1024.png 918w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/artii-industries-269x300.png 269w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/artii-industries-768x857.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/artii-industries-1376x1536.png 1376w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/artii-industries-1835x2048.png 1835w\" sizes=\"auto, (max-width: 918px) 100vw, 918px\" \/><\/figure>\n\n\n\n<p>Commenting on the earnings &#8211; Mr Rajendra Gogri, Chairman and MD commented:<\/p>\n\n\n\n<p>&#8221; I am pleased to share that we started the new financial year on an encouraging note with healthy topline growth of 45% YoY and EBITDA improvement of 18% YoY in Q1 of FY23. This strong performance has come on the back of challenging operating environment premised on continued inflationary pressure in key raw materials and other utilities combined with logistical disruptions and global uncertainties. The global inflationary trend and recession fears have resulted in modest slowdown in demand from some end user segments. Given this backdrop, our performance has been resilient, and I would like to congratulate our workforce for demonstrating agility and traversing through these pressures to deliver stellar performance in a tough environment. We remain committed to drive over businesses through challenging situations and deliver robust performances.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, Aarti Industry reported its earnings for the quarter ended June 30, 2022. The revenue from operations (gross) grew by 45% Y-o-Y to INR 2,173 Crores from INR 1,503 Crores during the same period. While the net profit was up by 15% from INR 165 Crores to INR 189 Crores and the EPS rose [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[8519,1115,9019],"class_list":["post-134820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-chemicals","tag-pharmaceuticals","tag-specialty-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142695,"url":"https:\/\/alphastreet.com\/india\/privi-speciality-chemicals-q3fy23-earnings\/","url_meta":{"origin":134820,"position":0},"title":"Privi Speciality Chemicals Q3FY23 Earnings","author":"Karan_Singh","date":"February 23, 2023","format":false,"excerpt":"Privi Speciality Chemicals Ltd (Formerly known as Privi Speciality Ltd.) was started in 1985 and majorly dealt with the exports, supply, and manufacturing of fragrance and aroma chemicals that are used in detergents, soaps, shampoos, and other fine fragrances.\u00a0 Financial Results: In the period ended December 31, 2022, the company\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-482986653.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142927,"url":"https:\/\/alphastreet.com\/india\/rossari-biotech-limited-q3fy23-earnings-story\/","url_meta":{"origin":134820,"position":1},"title":"Rossari Biotech Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 27, 2023","format":false,"excerpt":"Rossari Biotech was incorporated in 2003. The company has made its mark among the largest manufacturers of textile specialty chemicals in India. It essentially deals in three product categories that range from animal health and nutrition, home, personal care, and performance chemicals, to textile speciality chemicals. Financial Results: During the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":140033,"url":"https:\/\/alphastreet.com\/india\/aarti-industries-ltd-nse-aartiindq3-fy23-results-outtotal-income-falls-20-yoy\/","url_meta":{"origin":134820,"position":2},"title":"Aarti Industries Ltd.(NSE: AARTIIND)|Q3 FY23 Results Out|Total Income falls 20% yoy","author":"Divyansh_Kasana","date":"February 3, 2023","format":false,"excerpt":"Aarti Industries Limited (NSE:AARTIIND) is an Indian manufacturer of dyes, pigments, and agrochemicals. The company has seen strong growth in its domestic and international business with a focus on expanding into new markets. Aarti Industries had a total income of INR 1,688 crores in December 2022, compared to INR 2,076\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/3a1d2f04-2a71-4d08-ba0b-e1b8c5cd6706-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":127199,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-and-chemicals-limited-reports-its-q3-earnings-results\/","url_meta":{"origin":134820,"position":3},"title":"PONDY OXIDES AND CHEMICALS LIMITED reports its Q3 earnings results","author":"Nishad","date":"February 9, 2022","format":false,"excerpt":"PONDY OXIDES AND CHEMICALS LIMITED (BOM: 532626) reported its third-quarter results for the period ended 31st December 2021. POCL reported a total net income of \u20b9414.92 crores with a growth of 42% on a year on year comparison. The company had an EBITDA of INR 25.09 Crores, total net profit\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/02\/Pondy-Oxides-and-Chemicals-LimitedQ322-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142768,"url":"https:\/\/alphastreet.com\/india\/rashtriya-chemicals-fertilizers-q3fy23\/","url_meta":{"origin":134820,"position":4},"title":"Rashtriya Chemicals &#038; Fertilizers Q3FY23","author":"Karan_Singh","date":"February 24, 2023","format":false,"excerpt":"GOI owns a 75% share in Rashtriya Chemicals & Fertilisers, making it a public sector enterprise (PSU). The business manufactures and sells industrial chemicals and fertilisers. Financial Results: In the period ended December 31, 2022, the company posted a total income of INR 6273 crores. This is in comparison to\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":136727,"url":"https:\/\/alphastreet.com\/india\/pondy-oxides-chemicals-ltd-q2fy23-earnings-snapshot\/","url_meta":{"origin":134820,"position":5},"title":"Pondy Oxides &#038; Chemicals Ltd. Q2FY23 Earnings Snapshot","author":"Chirag Gupta","date":"November 14, 2022","format":false,"excerpt":"Pondy Oxides reported a sequential rise in its net profit by over a percent. On a yearly basis, it reported a 22% drop in the net profit from INR 15 crores in Q2FY22 to INR 12 crores in Q2 FY23. This happened on account of 25% fall in the total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=134820"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/134820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=134820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=134820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=134820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}