Aarti Industries Ltd.’s consolidated net profit fell 43% in the second quarter of the current fiscal year, missing analysts’ expectations. The specialized chemical manufacturer’s profit fell to Rs 52 crore in the September quarter from Rs 91 crore in the previous year, according to an exchange filing on Friday. This contrasts to Bloomberg’s consensus estimate of Rs 77 crore. While annual volume increased by 15%, margin pressures across goods resulted in decreased gross profit.
However, the company’s non-energy business volumes increased by 22% year on year, with an upsurge in end applications such as dyes, pigments, and polymer additives. The agrochemicals segment remained soft. The agrochemical sector, which experienced strong expansion in FY23, has faced industry issues such as inventory correction and pricing pressure due to decreasing demand since FY24.
Aarti Industries Share Price
Today’s trading session saw Aarti Industries open at ₹ 454.95 and hit a top of ₹ 458.00, with the lowest point at ₹ 427.00. The stock has seen high trading activity, with a volume exceeding 18,585,330 shares, showing strong investor interest. Aarti Industries, with a market value of ₹ 15,881 Crores, remains a prominent participant in India’s specialty chemicals business.
About Arti Industries
Aarti Industries Limited is a highly integrated and competitive specialty chemical firm located in benzene that operates globally. It is one of the few worldwide specialty chemical companies that combines scale-up engineering skills (asset utilization) with process chemistry skills (recipe emphasis). As an Indian multinational, the company has developed by choosing to manufacture in India and meet the diverse demands of international markets. Among other base raw materials, it is widely present in a variety of chemistries, including benzene, toluene, nitric acid, chlorine, methanol, aniline, and sulfur.
