Aether Industries surges on reporting rise in Q1 consolidated net profit
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Aether Industries is currently trading at Rs. 888.00, up by 9.10 points or 1.04% from its previous closing of Rs. 878.90 on the BSE.
The scrip opened at Rs. 888.10 and has touched a high and low of Rs. 908.95 and Rs. 858.70 respectively. So far 8560 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1108.95 on 02-Aug-2023 and a 52 week low of Rs. 775.00 on 27-Mar-2024.
Last one week high and low of the scrip stood at Rs. 908.95 and Rs. 858.70 respectively. The current market cap of the company is Rs. 11798.30 crore.
The promoters holding in the company stood at 81.79%, while Institutions and Non-Institutions held 14.46% and 3.75% respectively.
Aether Industries has reported 0.17% rise in its net profit at Rs 30.25 crore for the first quarter ended June 30, 2024 (Q1FY25)as compared to Rs 30.20 crore for the same quarter in the previous year. Total income of the company increased by 17.24% at Rs 191.98 crore for Q1FY25 as compared to Rs 163.75 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 0.40% rise in net profit at Rs 29.93 crore for Q1FY25 as compared to Rs 29.81 crore for the same quarter in the previous year. Total income of the company increased by 17.51% at Rs 191.98 crore for Q1FY25 as compared to Rs 163.37 crore for the corresponding quarter previous year.
