Important

Financial Result Updates

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Ambica Agarbathies & Aroma industries LimitedAMBICAAGAR · Filed with the exchange

**Consolidated Financial Results Summary:** Ambica Agarbathies Aroma & Industries Ltd reported a total income of ₹37.56 Cr for the third quarter, reflecting a significant increase of 29.70% from ₹28.97 Cr in the same quarter last year.

This uptick can be attributed to a rise in demand, particularly in the Agarbathies Division, coupled with successful market expansion strategies.

The net profit for the quarter was ₹0.38 Cr, compared to a loss of ₹0.77 Cr in Q3 of the previous year.

This turnaround is indicative of improved cost management despite a slight increase in operational costs.

The earnings per share (EPS) stood at ₹0.22, a positive sign of profitability after reporting negative EPS in the corresponding quarter last year.

Total operational expenses rose by 24.62% to ₹37.05 Cr, driven primarily by increased purchases of stock-in-trade, which accounted for ₹21.86 Cr.

The company showed resilience in managing its operational costs, with attention to administrative expense control.

The balance sheet reflects a solid position with total assets at ₹22.43 Cr against liabilities of ₹11.97 Cr, indicating a healthy debt-to-equity ratio that may positively influence future borrowing costs.

Strategically, Ambica seems focused on enhancing cost efficiency and market reach, aiming for sustainable growth amid a recovering economic landscape.

Considering the robust financial performance and efficient cost management, there is a bullish sentiment towards the stock, suggesting a *buy* outlook as the company navigates promising growth avenues in its core segments.

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