Aether Industries Q2 FY27 Results: Consolidated Net Profit ₹68.00 Crore on Total Income of ₹352 Crore
Earnings
Speciality chemicals
Blacklitt Research4 min read
Benoît Prieur, via Wikimedia Commons (CC0). Illustrative image.
Aether Industries said in a filing on 30 Oct 2026 that consolidated total income for the quarter ended 30 Sep 2026 was ₹352.29 crore and net profit was ₹68.00 crore. Standalone total income was ₹279.17 crore and standalone net profit was ₹51.89 crore.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹352.29 crore, up 22.0% YoY and 5.4% QoQ
Net profit and EPS: ₹68.00 crore, up 26.0% YoY; basic EPS ₹5.12 against ₹4.07 a year earlier
Finance costs: ₹5.31 crore, up 64.5% YoY against ₹3.23 crore
Standalone
The company on its own, without its subsidiaries
Total income: ₹279.17 crore, up 16.6% YoY and 4.8% QoQ
Net profit and EPS: ₹51.89 crore, up 19.1% YoY; basic EPS ₹3.91 against ₹3.29 a year earlier
Finance costs: ₹3.25 crore, up 79.3% YoY against ₹1.81 crore
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
352.29
288.79
+22.0%
334.25
+5.4%
Revenue from operations
347.22
280.10
+24.0%
326.56
+6.3%
Other income
5.08
8.69
-41.6%
7.69
-34.0%
68.00
53.96
+26.0%
62.75
+8.4%
Profit before tax
88.52
74.27
+19.2%
83.45
+6.1%
Finance costs
5.31
3.23
+64.5%
5.58
-4.9%
Depreciation
21.69
16.53
+31.3%
21.42
+1.3%
Tax expense
20.52
20.31
+1.0%
20.70
-0.9%
Net profit margin
19.30%
18.68%
+0.62 pp
18.77%
+0.53 pp
EPS, basic (₹)
5.12
4.07
+25.8%
n/a
n/a
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit rose 26.0% YoY to ₹68.00 crore, faster than total income, which rose 22.0% to ₹352.29 crore. Revenue from operations rose 24.0% to ₹347.22 crore, while other income fell 41.6% to ₹5.08 crore from ₹8.69 crore. Profit before tax rose 19.2% to ₹88.52 crore, and tax expense rose 1.0% to ₹20.52 crore.
The notes describe the exceptional items of the year-earlier quarter as in the nature of excess Insurance Premium and other related expenses, linked to the insurance claim on the fire accident. The exceptional item for the quarter ended 30 Sep 2025 is printed as ₹2.68 crore, and that quarter's profit before tax of ₹74.27 crore is stated after it.
Finance costs rose 64.5% YoY to ₹5.31 crore from ₹3.23 crore, and depreciation rose 31.3% to ₹21.69 crore from ₹16.53 crore. Against the quarter ended 30 Jun 2026, finance costs fell 4.9% from ₹5.58 crore, while net profit rose 8.4% from ₹62.75 crore, faster than total income, which rose 5.4% from ₹334.25 crore.
The consolidated results include the wholly owned subsidiary Aether Speciality Chemicals Limited. Before elimination of intra-group transactions, the subsidiary's revenue for the quarter was ₹72.71 crore and its profit after tax was ₹16.91 crore. Another auditor reviewed those results, and the statutory auditors relied on that review.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
279.17
239.39
+16.6%
266.37
+4.8%
Revenue from operations
274.51
229.72
+19.5%
256.51
+7.0%
Other income
4.65
9.67
-51.9%
9.86
-52.8%
51.89
43.57
+19.1%
48.31
+7.4%
Profit before tax
70.35
61.50
+14.4%
65.89
+6.8%
Finance costs
3.25
1.81
+79.3%
3.54
-8.3%
Depreciation
20.50
15.27
+34.2%
20.17
+1.6%
Tax expense
18.46
17.93
+2.9%
17.58
+5.0%
Net profit margin
18.59%
18.20%
+0.39 pp
18.14%
+0.45 pp
EPS, basic (₹)
3.91
3.29
+18.8%
3.64
+7.4%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Net profit rose 19.1% YoY to ₹51.89 crore, faster than total income, which rose 16.6% to ₹279.17 crore. Revenue from operations rose 19.5% to ₹274.51 crore, while other income fell 51.9% to ₹4.65 crore from ₹9.67 crore. Profit before tax rose 14.4% to ₹70.35 crore.
The standalone statement carries the same year-earlier exceptional item of ₹2.68 crore, which the notes link to the fire insurance claim. Standalone profit before tax of ₹61.50 crore for the quarter ended 30 Sep 2025 is stated after that item.
Finance costs rose 79.3% to ₹3.25 crore from ₹1.81 crore, and depreciation rose 34.2% to ₹20.50 crore from ₹15.27 crore. Against the quarter ended 30 Jun 2026, net profit rose 7.4% from ₹48.31 crore, faster than total income, which rose 4.8% from ₹266.37 crore.
Inference
The cash flow statements for both consolidated and standalone results show net proceeds of ₹208.47 crore from a term loan in the half year ended 30 Sep 2026. The company allotted 15,269 equity shares in the quarter and 48,021 in the half year under its Employee Stock Option Scheme.
The filing says the insurance company finalised the claim for the fire at Manufacturing Facility-I and paid a balance settlement of ₹26.01 crore in the quarter ended 30 Jun 2026, of which ₹22.51 crore was for asset loss and ₹3.50 crore for Financial Loss/Profit. Property with a net book value of ₹29.97 crore, net of accumulated depreciation, was written off in the quarter ended 31 Mar 2026. A fire at the external warehouse on 11 Mar 2026 is recorded with a ₹7.00 crore inventory loss, and the insurance claim for it is still being assessed, with any recovery to be recognised on reasonable certainty of receipt.
The filing does not state the reasons for the fall in other income or the rise in finance costs, and it does not state how much, if any, of the ₹7.00 crore warehouse loss the claim will recover.
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