Hot Pursuit     10-Feb-23
Aarti Surfactants spurts on reporting turnaround Q3 performance
Aarti Surfactants surged 11.39% to Rs 577.15 after the company reported consolidated net profit of Rs 3.98 crore in Q3 FY23 compared with net loss of Rs 2.23 crore in Q3 FY22.
Net sales declined 1.2% to Rs 133.55 crore in Q3 FY23 as against Rs 135.15 crore in corresponding quarter last year.

Total expense declined 3.62% to Rs 128.15 crore in Q3 FY23 as against Rs 132.97 crore in Q3 FY22. Cost of raw material stood at Rs 86.59 (down 8% YoY) and employee benefit expense was at Rs 4.08 crore (down 6.4% YoY).

Interest cost jumped 35.9% YoY to Rs 4.16 crore during the quarter.

Aarti Surfactants is engaged in product portfolio includes surfactants, mild surfactants, rheology modifiers, pearlizing agents, UV filters, syndet and soap bases, and active ingredients, as well as conditioning agents, blends, proteins, and quats. It serves skin care, oral, hair, cosmetics, bath and shower, sun care, fabric/laundry care, dishwashing, toilet care, and surface care segments.

Previous News
  Aarti Surfactants standalone net profit declines 87.41% in the September 2021 quarter
 ( Results - Announcements 29-Oct-21   16:02 )
  Aarti Surfactants consolidated net profit declines 87.41% in the September 2021 quarter
 ( Results - Announcements 30-Oct-21   08:56 )
  Aarti Surfactants to convene board meeting
 ( Corporate News - 02-Nov-20   10:32 )
  Aarti Surfactants consolidated net profit declines 61.45% in the September 2022 quarter
 ( Results - Announcements 07-Nov-22   08:09 )
  Aarti Surfactants to hold board meeting
 ( Corporate News - 02-Feb-23   12:50 )
  Aarti Surfactants to conduct AGM
 ( Corporate News - 24-Aug-23   11:01 )
  Aarti Surfactants Ltd leads gainers in 'B' group
 ( Hot Pursuit - 01-Sep-22   12:16 )
  Aarti Surfactants consolidated net profit rises 41.51% in the June 2023 quarter
 ( Results - Announcements 25-Jul-23   07:35 )
  Aarti Surfactants consolidated net profit declines 17.92% in the June 2022 quarter
 ( Results - Announcements 05-Aug-22   08:15 )
  Aarti Surfactants announces resignation of company secretary
 ( Corporate News - 15-Apr-22   18:54 )
  Aarti Surfactants fixes record date for rights issue
 ( Market Beat - Reports 10-Jan-23   10:15 )
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