Aarti Industries Share Price: Aarti Industries shares tumble 9% as Q2 PAT falls 43% YoY
Shares of Aarti Industries cracked 9.3% to an intraday low of Rs 430.20 on the BSE after the company reported that its profit after tax (PAT) fell by 43% on a year-on-year (YoY) basis to Rs 52 crore for the July-September quarter.
The same stood at Rs 137 crore in the corresponding quarter of the previous financial year. Meanwhile, on a quarter-on-quarter (QoQ) basis, the figure had declined by 62%.
The revenue from operations was, however, up by 12% YoY to Rs 1,786 crore against Rs 1,597 crore reported in the same quarter of FY24.
Aarti Industries’ EBITDA stood at Rs 202 crore, which was down by 13% YoY and by 35% QoQ.
However, the company’s non-energy business volumes grew by 22% YoY and an uptick was visible across end applications…
