Aarti Surfactants Shows Positive Growth in Q3

Oct 31 2023 12:00 AM IST
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Aarti Surfactants, a microcap company in the chemicals industry, reported a slight decline in net sales and net profit for the quarter ended September 2023. However, the company showed positive growth in operating profit and interest. Its operating profit margin also improved, indicating increased efficiency. According to MarketsMojo, the stock call for Aarti Surfactants is 'Hold' with a positive trend in its financials.
Aarti Surfactants, a microcap company in the chemicals industry, has recently declared its financial results for the quarter ended September 2023. According to the data released on October 31, 2023, the company's net sales for the quarter showed a slight decline of 3.25% compared to the previous quarter. However, the consolidated net profit saw a decrease of 9.71% in the same period.

Despite the decline in net sales and net profit, Aarti Surfactants has shown positive growth in other areas. The operating profit (PBDIT) excluding other income has seen a growth of 9.72% in the quarter ended September 2023, compared to 6.55% in the previous quarter. The company's interest has also increased by 10.24% in the same period.

One positive aspect of Aarti Surfactants' financial performance is its operating profit margin, which has improved from the previous quarter. This shows that the company's efficiency has increased in the recent quarter.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Aarti Surfactants is 'Hold'. The company's financial performance in the quarter ended September 2023 has been positive, with a score of 16 compared to 14 in the previous quarter. This indicates a positive trend in the company's financials.

Some key highlights of Aarti Surfactants' financial performance in the quarter ended September 2023 include a 147.89% growth in profit after tax (PAT) on a half-yearly basis, and a consistent growth in operating profit (PBDIT) and profit before tax (PBT) in the last five quarters. The company's efficiency has also improved, with the highest operating profit margin of 11.30% in the last five quarters.

Overall, Aarti Surfactants has shown a positive financial performance in the quarter ended September 2023, with improvements in key areas. Investors may want to keep an eye on the company's future financial results to make informed decisions.
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