Aarti Drugs Q2 Results: Net profit soars 83% on stronger margins, revenue growth


Aarti Drugs Ltd on Tuesday (November 3) reported an 83.2% year-on-year (YoY) increase in net profit to ₹82.9 crore for the second quarter, compared with ₹45.3 crore in the corresponding quarter last year.

Revenue rose 26.6% YoY to ₹826.2 crore from ₹652.8 crore in the year-ago period.

Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 60.6% to ₹135.4 crore from ₹84.3 crore. EBITDA margin expanded to 16.4% from 12.9% in the corresponding quarter last year, an improvement of 350 basis points.

Shares of Aarti Drugs Ltd ended at ₹465.00, up by ₹11.20, or 2.47%, on the BSE.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *