NewsVoir | 09 May, 2016
Aarti Industries Limited (AIL), a leading and highly integrated chemical manufacturer company involved in manufacturing of various benzene based downstream and derivative products, has declared its financial results for the quarter ended March 31, 2016.
Total Income for the quarter ended March 31, 2016 stood at Rs. 698.72 crore. EBITDA for the quarter stood at Rs. 136.81 crore compared to Rs. 118.54 crore in Q4FY15, an increase of 15.41% YoY. Comparing on yearly basis, Net Profit of the company increased by 31.92% to Rs. 69.60 crore in Q4FY16 as against Rs. 52.76 crore registered during Q4FY15.
For the full year ended March 31, 2016, the Consolidated Total income stood at Rs. 2779.62 crore. The Consolidated Profit after tax registered a growth of 24.77% to Rs. 256.88 crore in FY16 compared to 205.88 crore a year ago. The EPS for the year ended FY16 stood at Rs. 30.83, a rise of 32.66%
Commenting on the financial performance of the company Mr. Rajendra Gogri, Chairman and Managing Director, Aarti Industries Limited, said âWe are glad to show consistency in our performance and we envisage improving further. With the commissioning of our projects under implementation, we expect the volumes and profits to grow further.â
About Aarti Industries Ltd (NSE Symbol: AARTIIND; BSE Scrip Code: 524208)
Aarti Industries Ltd (www.aartigroup.com), incorporated in the year 1984 and listed on stock exchanges in 1992, is a well known name in the field of Chemical Industry and is a leading supplier to global manufacturers of Dyes, Pigments, Agrochemicals, Pharmaceuticals & rubber chemicals.
Aarti Industries Ltd (AIL) is also a leading domestic player in nitrochlorobenzene (NCB) based specialty chemical business with the largest domestic manufacturing capacity of 75,000 tonnes per annum. The company offers over 150 products and is the market leader in more than 75% of its top 50 products. AIL has 16 manufacturing units spread across Gujarat, Maharashtra, Madhya Pradesh and Silvassa.
AIL is among the largest producers of benzene based basic and intermediaries in India. It is also among the largest integrated manufacturers of dimethyl sulphate (DMS), an organic specialty chemical which uses methanol and sulphur as feedstock
AIL has a diversified end-user base for its products with application into end-user industries such as dyes, pigments, FMCG, agrochemicals, pharmaceuticals, polymers etc. It has wide customer base of over 1,000 customers spread over 60 countries across the globe with major presence in USA, Europe, Japan and India.