Aarti Industries Reports 17 Sequential Qoq Growth in EBIDTA, Driven by Strong Volume Performance

Mumbai, February 1, 2025: Aarti Industries Limited (AIL), one of the leading global
speciality chemicals companies, today announced its consolidated financial results for
the third quarter of FY25. The Company’s audited results were approved by the Board of
Directors in a meeting held earlier today.

On a consolidated basis, for the quarter, the income from operations stood at ₹ 2035 Cr
as compared to ₹ 1786 Cr in Q2FY25 (‘previous quarter’). EBITDA stood at ₹ 236 Cr as
compared to ₹ 202 Cr in the previous quarter. PAT stood at ₹ 46 Cr as compared to ₹ 52
Cr in the previous quarter.

Commenting on the results, Mr Suyog Kotecha, CEO and Executive Director of Aarti
Industries Ltd said, “In a dynamic global environment, AIL delivered a resilient
performance despite market challenges in Q3 FY25 with EBITDA growing sequentially
on the back of strong volume growth. While pricing pressures weighed on margins, we
remain focused on risk mitigation through cost efficiencies, product diversification and
geographic expansion into the US, Europe, and Japan markets. With a robust innovation
pipeline and sustainability at our core, we are well-positioned to capitalize on future
opportunities in high-growth applications.”

Financial Highlights
● Quarterly revenues at ₹2035 Cr, marking a 14% increase Q-o-Q
● EBITDA grew by 17% Q-o-Q to ₹ 236 Cr, driven by Volume growth, Operating
leverage and Product mix improvements
● PAT at ₹46 Cr, a 12% Q-o-Q decrease (impacted by mark to market loss on Longterm
ECB Loan of ₹ 23 Cr arising due to Rupee depreciation)
● Exports saw sequential growth, while domestic volumes remained stable
across most end-use applications
● 9M FY25 Financials
○ Revenue stood at ₹ 5,833 Cr compared to ₹ 5,057 Cr in the previous
9MFY24, reflecting a 15% increase. EBIDTA was ₹ 749 Cr, up from Rs. 702
Cr, marking a 7% growth
Business Highlights:
● Nitro-toluene & Ethylation capacity expansion projects were successfully
commissioned and volume ramp-up will continue through Q4FY25

● Two renewable energy power purchase agreements for solar and hybrid power
were concluded. AIL’s renewable share in total power purchase to exceed 75% by
Q1FY27 and will accrue significant savings in power costs
● ‘Re Sustainability and Recycling Pvt. Limited’ and ‘Aarti Circularity Limited’ a
wholly owned subsidiary of AIL, entered into a joint venture to drive the
development of Plastic Materials Recycling Facilities (PMRFs) across India
Awards and Recognition
● Received the prestigious Corporate Excellence Award 2024 by IIMM at their
National Convention
● Honoured with the ETHREX Award 2024 for Exceptional Employee Experience-
Large Scale Category
● Recognised as one of the top Supply Chain Champions in the chemical sector by
ISCM Supply Chain Ranking 2024
About AIL
Aarti Industries Limited (AIL) is one of the world's leading speciality chemical companies,
combining process chemistry with scale-up engineering competence. The Company
globally ranks at 1st – 4th position for 75% of its portfolio and is a “Partner of Choice” for
various Major Global & Domestic Customers. At the heart of AIL’s operations is a
dedication to sustainable development, seamlessly integrating environmental
stewardship into its business model by leveraging cutting-edge technologies and a robust
infrastructure to deliver solutions that balance economic growth with ecological
responsibility. The Company’s commitment to innovative and sustainable practices and
immense care for its people and the planet defines its path to success.

Website – www.aarti-industries.com
Linkedin- https://www.linkedin.com/company/aarti-industries/
For more information, please contact:
Media Relations:
Puja Raina Mahaldar
Corporate Communications
puja.raina@aarti-industries.com
Kavita Pandey
Corporate Communications
kavita.pandey@aarti-industries.com