Aarti Industries Ltd Growth at 34.41%

MUMBAI:
Aarti Industries Limited (AIL), a leading and highly integrated chemical manufacturer company involved in manufacturing of various benzene based downstream and derivative products, has declared its financial results for the quarter ended March 31, 2016.
Total Income for the quarter ended March 31, 2016 stood at Rs. 698.72 crore. EBITDA for the quarter stood at Rs. 136.81 crore compared to Rs. 118.54 crore in Q4FY15, an increase of 15.41% YoY. Comparing on yearly basis, Net Profit of the company increased by 31.92% to Rs. 69.60 crore in Q4FY16 as against Rs. 52.76 crore registered during Q4FY15.
For the full year ended March 31, 2016, the Consolidated Total income stood at Rs. 2779.62 crore. The Consolidated Profit after tax registered a growth of 24.77% to Rs. 256.88 crore in FY16 compared to 205.88 crore a year ago. The EPS for the year ended FY16 stood at Rs. 30.83, a rise of 32.66%
Commenting on the financial performance of the company Rajendra Gogri, Chairman and Managing Director, Aarti Industries Limited, said “We are glad to show consistency in our performance and we envisage improving further. With the commissioning of our projects under implementation, we expect the volumes and profits to grow further.”