Aarti Industries Limited: Q2 results update.

Aarti Group is One of the leading supplier to global manufacturers of Dyes, Pigments, Agrochemicals, Pharmaceuticals & rubber chemicals.

Mumbai, India (prHWY.com) February 18, 2013 - Aarti Industries Limited is a leading manufacturer of Speciality Chemicals with diversified end-uses into Performance Chemicals, Agri-Intermediates & Fertilizers, Pharmaceuticals and Home & Personal Care chemicals, etc.

The Company's Net Sales & Related Income for Q2 2011-12 jumped by around 25% to Rs 407.0 crs (previous year Rs 325.9 crs). Similarly, EBIDTA for the quarter increased by 31% from Rs 41.0 crs in respect of Q2 2010-11 to Rs 53.6 crs for Q2 2011-12. The interest cost for the company had also increased from Rs 13.3 crs for Q2 2010-11 to Rs 17.4 crs for Q2 2011-12, mainly on account of prevailing higher interest rates. Inspite of higher interest cost, PAT registered the growth of about 59% from Rs 11.3 crs to Rs 17.9 crs for the same period. The Company's EPS for Q2 2011-12 stood at Rs 2.33 as against Rs 1.47 for the Q2 2010-11.

Likewise the Company's half yearly PAT also registered the growth of about 15% from Rs 31.3 crs for first half 2010-11 to Rs 35.9 crs for first half 2011-12. The Company's half yearly EPS was at Rs 4.68 (previous year Rs 4.08).

The company had achieved exports revenue of Rs 329.34 crs during the first half of FY 2011-12, as compared to Rs 245.8 crs for the similar period last year, thereby posting an increase of about 34%. The growth in Exports is mainly due to the increase in volumes of exports as well as introduction of newer products. With steep depreciation in Indian Rupee, the company on an overall basis expects to benefits from its increasing exports.

For Aarti Industries Ltd
Mrs. Mona Patel

Udyog Kshetra, 2nd Floor,
Mulund Goregaon Link Road,
Mulund (West), Mumbai - 400080,
Maharashtra, India
Tel: +91-22-6797 6666
Fax: +91-22-2565 3234
E-Mail : info@aartigroup.com

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Tag Words: bulk drug int, chemical

Categories: Business

Press Release Contact
Mulund Goregaon Link Road,
Mulund (West), Mumbai - 400080,
Maharashtra, India
Tel: +91-22-6797 6666
E-Mail:info@aartigroup.com

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