Express Pharma

Aarti Industries posts Rs 28.26 crore net profit for Q2 FY13

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Aarti Industries, which is in the field of chemical industry, declared its financial results for the second quarter and half year ended September 30, 2012. The company reported a increase of 58.14 per cent in its net profit to Rs 28.26 crore for Q2 FY13, as compared to Rs 17.87 crore in the corresponding quarter of last fiscal. The total income for the quarter ended September 30, 2012 stood at Rs 469.62 crore, up by 17.71 per cent, as compared to Rs 398.97 crore in the same period last year. The jump in revenue was mainly backed by robust show of performance chemical and agri-intermediates and fertiliser segments.

During the quarter, performance chemical and agri-intermediates and fertiliser segments registered growth of 18.75 per cent and 23.01 per cent, respectively during the Q2FY13 as compared to year ago quarter. The Board has declared interim dividend of Rs 1.50 per equity share of Rs 5 each.