The result was announced on 25 May 2020 when stock markets were shut on account of Id-Ul-Fitr (Ramzan Id).
Consolidated revenue of specialty chemicals segment was marginally lower, by 0.44%, as it stood at Rs 983.54 crore while the earnings of the pharmaceuticals segment contracted by 3.01% to Rs 206.36 in the fourth quarter as compared to the corresponding period last year.
In a separate announcement made on 25 May 2020, Aarti Industries announced early redemption of 11.75% interest bearing non-convertible debentures (NCDs) worth Rs 40 crore that were issued and allotted on a private placement basis, which were slated for maturity on 15 June 2021.
Aarti Industries is a manufacturer of specialty chemicals and pharmaceuticals. The company operates through three segments: speciality chemicals, pharmaceuticals, and home & personal care chemicals.
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