Aarti Industries has declared its financial results for the fourth quarter and the financial year ended March 31, 2013. The company reported net profit of Rs 38.55 crores for Q4 FY13, whereas the same was Rs 28.24 crores in the corresponding quarter of last fiscal. Total income for the quarter ended March 31, 2013 stood at Rs 594.7 crores, against Rs 466.7 crores in the same period last year.
For the full financial year which ended March 31, 2013, the net profit was Rs 131.34 crores as against Rs 87.19 crores in FY12. Total income for FY13 stood at Rs. 2,096.12 crores as against Rs 1,673.31 crores during FY12.
The EBIDTA margins for FY13 increased to 17 per cent as compared to 14.6 per cent for FY12. Thus during this year the company has scaled new heights and expects to continue its growth for future years to come, he added.
Commenting on the financial performance, Rajendra Gogri, Chairman and Managing Director, Aarti Industries, said, “We are pleased to close the financial year with healthy growth. With increased supply to overseas clients, export now contributes over 50 per cent in the company’s topline.”
EP News Bureau – Mumbai