Aarti Drugs has reported total income of Rs. 607.61 crores during the period ended December 31, 2023
The company has received Export Performance Award - API & Intermediaries Gold Star for the year 2021-22
Specialty Chemicals grew 38% YoY for FY23
Standalone Q3 FY23 revenue stood at Rs. 626.5 crore as against Rs. 594.8 crore, a growth of 5% YoY
Around 62% of the revenues came from the domestic market and 38% from the exports market for Q2 FY23 for a standalone business
The capex for FY22 stood at Rs 145 crore and is expected to be in the range of Rs 250-350 crore for the entire FY23 which would be funded through a mix of internal accruals and debt
The company received approval for 2-Methyl-5Nitro-Imidazole (2-MNI) with a committed production capacity of 4,000 MT per annum.
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