Net profit of Aarti Industries declined 9.18% to Rs 124.00 crore in the quarter ended December 2023 as against Rs 136.53 crore during the previous quarter ended December 2022. Sales rose 3.86% to Rs 1732.00 crore in the quarter ended December 2023 as against Rs 1667.68 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1732.001667.68 4 OPM %15.0117.31 - PBDT214.00241.99 -12 PBT117.00159.89 -27 NP124.00136.53 -9 Powered by Capital Market - Live News

Aarti Industries will hold a meeting of the Board of Directors of the Company on 8 February 2024.Powered by Capital Market - Live News

Aarti Industries announced the signing of a long-term agreement with a multinational conglomerate for supply of a niche speciality chemical. The contract entails supply over a period of four years and is anticipated to generate revenue of over Rs. 6000 crore for the Company. The customer is a part of a multinational conglomerate having diversified business interests. AIL has established robust relationships with this customer and has been supplying the said product for the past five years. While the association has developed over the years, this contract serves to reinforce and deepen the relationship over a medium to long-term duration. The product has been an integral part to AIL`s long-term growth strategy, and its volume has consistently increased over the past 4-5 years. AIL`s ongoing capital expenditure programs will meet the contract requirements, and hence, AIL does not anticipate any additional capital expenditure for this contract. Powered by Capital Market - Live News

Net profit of Aarti Industries declined 26.61% to Rs 91.00 crore in the quarter ended September 2023 as against Rs 124.00 crore during the previous quarter ended September 2022. Sales declined 13.71% to Rs 1454.00 crore in the quarter ended September 2023 as against Rs 1685.00 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1454.001685.00 -14 OPM %16.0215.85 - PBDT175.00223.00 -22 PBT82.00150.00 -45 NP91.00124.00 -27 Powered by Capital Market - Live News

Aarti Industries announced that Prof. Ganapati D. Yadav (DIN: 02235661) and Priti P. Savla (DIN: 00662996) have completed their second term of 5 (five) years as Independent Directors of the Company on 23 September 2023 and consequently cease to be Directors of the Company with effect from closing of business hours on 23 September 2023.Powered by Capital Market - Live News