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08-Feb-2024

Aarti Industries

OP down 10%


'Aarti Industries consolidated net sales increased 3.86% to Rs 1732 crore in Q3FY24 compared to Q3FY23. Operating profit margin has declined from 17.31% to 15.01%, leading to 9.93% decline in operating profit to Rs 260.00 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 52.80% to 59.94%.   Purchase of finished goods cost fell from 7.30% to 1.59%.   Employee cost increased from 5.34% to 6.28%.   Other expenses fell from 17.91% to 16.34%.  

Other income rose 2,757.14% to Rs 8 crore.  PBIDT fell 7.25% to Rs 268 crore.  Provision for interest rose 14.97% to Rs 54 crore. 

PBDT fell 11.57% to Rs 214 crore.  Provision for depreciation rose 18.15% to Rs 97 crore. <...



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