Aether industries - Latest News Update, Information, Photos & Videos on Aether industries at Lokmat Times

Manufacturer and supplier of specialty chemicals Aether Industries on Friday posted a jump of 38 per cent in its profit after tax to Rs 350 million during the third quarter of 2022-23 against Rs 254 million in the year-ago period.The company's revenue went up 11 per cent to Rs 1,705 million against Rs 1,537 million in the corresponding quarter the previous year.The Surat-based company also said earnings before interest, taxes, depreciation, and amortisation (Ebitda) was at Rs 507 million in the reviewed quarter, against Rs 416 million in the year-ago period, a jump of 21.9 per cent.During the quarter, Ebitda margin was at 29.7 per cent against 27.1 per cent in the year-ago period.Aman Desai, Promoter & Whole-time Director, Aether Industries, said, "Aether has executed what it had promised by achieving good growth in Q3, which has been contributed by all our 3 business models. As we see demand improvement in the global chemical industry, we are significantly optimistic in our overall outlook.""We have also recently made a few public announcements in this regard which reflect our continuous growth. We remain upbeat and positive on all our business models for future outlook."Incorporated in 2013, Aether Industries is a speciality chemical manufacturer in India focused on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Mega Block

Maharashtra Lok Sabha Election

T20 World Cup 2024

Aether IndustriesFOLLOW

Aether industries, Latest News

Business :Aether Industries profit jumps 38 pc in third quarter

Manufacturer and supplier of specialty chemicals Aether Industries on Friday posted a jump of 38 per cent in its ... ...