Hot Pursuit     20-Jan-24
Aarti Surfactants jumps after PAT rises 68% YoY in Q3 FY24
Aarti Surfactants surged 4.46% to Rs 787.65 after the company reported a 68% year-over-year (YoY) increase in consolidated net profit to Rs 6.68 crore for Q3 FY24.

While net revenue from operations grew modestly by 4% to Rs 138.75 crore, the company managed to control expenses efficiently, leading to a significant boost in profitability.

Accordingly, total expenses for the quarter came in at Rs 129.69 crore, just 1% higher than the previous year.

Profit before tax in Q3 FY24 stood at Rs 9.08 crore, up by 66% from Rs 5.45 crore recorded in Q3 FY23. Total tax outgo for the third quarter was Rs 2.40 crore (up 63% YoY).

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 consolidated net profit rises 67.84% in the December 2023 quarter
 ( Results - Announcements 20-Jan-24   13:38 )
  Aarti Surfactants to conduct AGM
 ( Corporate News - 24-Aug-23   11:01 )
  Aarti Surfactants jumps after PAT rises 68% YoY in Q3 FY24
 ( Hot Pursuit - 20-Jan-24   14:03 )
  Jayant Agro Organics Ltd leads gainers in 'B' group
 ( Hot Pursuit - 04-Aug-21   12:15 )
  Aarti Surfactants schedules AGM
 ( Corporate News - 20-Jul-21   18:33 )
  Aarti Surfactants consolidated net profit declines 57.71% in the June 2024 quarter
 ( Results - Announcements 22-Jul-24   07:42 )
  Aarti Surfactants consolidated net profit declines 0.85% in the March 2024 quarter
 ( Results - Announcements 23-Apr-24   07:27 )
  Aarti Surfactants consolidated net profit declines 61.81% in the September 2024 quarter
 ( Results - Announcements 12-Nov-24   07:39 )
  Aarti Surfactants spurts on reporting turnaround Q3 performance
 ( Hot Pursuit - 10-Feb-23   10:12 )
  Aarti Surfactants spurts after Q4 PAT soars 98% YoY to Rs 5 cr
 ( Hot Pursuit - 28-Apr-23   12:38 )
  Aarti Surfactants allots 8.92 lakh partly paid equity shares
 ( Corporate News - 10-Feb-23   09:11 )
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