Aether Industries Faces Profit Dip Despite Revenue Boost

Aether Industries reported a 5.12% decline in net profit for Q2 2024-25, with profits at Rs 34.79 crore. Despite a 17.7% rise in total income, expenses surged by 21.9%. The company managed to improve its EBITDA margin and reported positive cash flow, reducing its working capital cycle.

Aether Industries, a leading manufacturer of specialty chemicals, recorded a 5.12% decrease in net profit for the second quarter of 2024-2025, with earnings dropping to Rs 34.79 crore.

The company's previous year profit stood at Rs 36.67 crore. Total income saw a 17.7% increase, hitting Rs 209.77 crore; however, this growth was overshadowed by a substantial 21.9% rise in expenses, totaling Rs 157.91 crore, according to a regulatory filing.

Promoter and whole-time director, Rohan Desai, noted improvements in the company's EBITDA margin, crediting reduced working capital cycles and positive operational cash flows for the resilience despite higher expenses.