1. What was Oriental Aromatics' total income for Q1 2024?

Their total income was ₹21,750.16 lakh.

2. How did the income this quarter compare to the last quarter?

It was slightly lower than the last quarter but higher than the same quarter last year.

4. How does this quarter's profit before tax compare to last year?

They had a profit before tax of ₹1,564.10 lakh, showing improvement from a loss last year.

5. What was the net profit for Q1 2024?

The net profit was ₹1,164.47 lakh.

7. What was the main expense category for the company?

The cost of materials consumed was the largest expense.

8. How did the company perform compared to the same quarter last year?

They showed a significant improvement with positive net profit compared to a loss last year.

9. What is Oriental Aromatics known for?

They are known for making flavors, fragrances, and aroma chemicals.

10. When was Oriental Aromatics founded?

The company was started in 1955.

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Oriental Aromatics Q1 Results 2024, Reports Strong Profit of ₹1,164.47 lakh.

Oriental Aromatics Q1 Results 2024, Reports Strong Profit of ₹1,164.47 lakh.

Oriental Aromatics' Q1 2024 results show a total income of ₹21,750.16 lakh and a net profit of ₹1,164.47 lakh. Their expenses were ₹20,186.06 lakh, which is similar to previous quarters. They have improved their profit significantly from last year.

by Ruksana

Updated Aug 07, 2024

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Oriental Aromatics Q1 Results 2024, Reports Strong Profit of ₹1,164.47 lakh.

Table of Content

Oriental Aromatics Q1 Results 2024
Oriental Aromatics

Oriental Aromatics Limited has shared its financial results for the first quarter of 2024, ending on June 30. They made a total income of ₹21,750.16 lakh, which includes revenue from their main operations and other sources of income. This is slightly lower compared to the last quarter but higher than the same quarter last year.

Their total expenses were ₹20,186.06 lakh. These include costs for materials, changes in inventory, manufacturing costs, employee salaries, finance costs, depreciation, and other expenses. Compared to the last quarter, their expenses were similar, but they have reduced costs in some areas.

The company's profit before tax was ₹1,564.10 lakh, showing a good profit compared to the same quarter last year when they had a loss. After accounting for taxes, their net profit for this quarter was ₹1,164.47 lakh. This is a significant improvement over the loss they had in the same quarter last year.

Their earnings per share (EPS) for this quarter were ₹3.46, which is better than the previous quarter. Overall, the company has performed well this quarter, showing improvements in their financial results.

Source: Here

Oriental Aromatics Q1 Results 2024

Oriental Aromatics Limited released its financial results for the first quarter of 2024, ending on June 30. Here’s a breakdown of the results:

Particulars	30-Jun-24	31-Mar-24	30-Jun-23	31-Mar-24
1. Income
a) Revenue from operations	21,575.82	21,647.65	19,569.38	83,640.47
b) Other Income	174.34	178.93	56.75	732.56
Total Income	21,750.16	21,826.58	19,626.13	84,373.03
2. Expenses
a) Cost of materials consumed	11,989.73	12,371.59	13,807.03	53,253.68
b) Change in Inventories	898.42	1,088.82	291.31	3,893.79
c) Manufacturing and Operating Costs	3,141.67	3,083.19	2,802.45	11,176.17
d) Employee benefits expense	1,764.56	1,407.39	1,342.98	5,400.19
e) Finance Costs - net	409.79	354.48	458.66	2,048.59
f) Depreciation & Amortization expense	485.18	505.09	478.50	1,967.48
g) Other expenses	1,496.71	1,591.97	1,223.84	5,182.80
Total Expenses	20,186.06	20,402.51	20,404.77	82,922.70
3. Profit/ (Loss) Before Tax	1,564.10	1,424.07	(778.64)	1,450.33
4. Tax Expense / (Credit)
a) Current tax	373.68	391.09	-	404.36
b) Deferred tax charge	25.95	12.49	(185.19)	30.36
c) Tax in respect of earlier years	-	-	-	67.43
5. Net Profit / (Loss) for the period	1,164.47	1,020.49	(593.45)	948.18
6. Other Comprehensive Income
a) Items not reclassified to profit/loss	(3.80)	(7.21)	(2.00)	(13.21)
b) Tax impact relating to these items	0.97	1.83	0.50	3.33
7. Total Comprehensive Income	1,161.84	1,015.11	(594.95)	938.30
8. Paid-up Equity Share Capital	1,682.68	1,682.68	1,682.68	1,682.68
9. Other Equity	61,767.74	-	-	-
10. Earnings per Share (EPS)
Basic & Diluted EPS	3.46	3.03	(1.76)	2.82

The company showed a good performance this quarter with higher profits and stable costs compared to the previous periods.

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Oriental Aromatics

Oriental Aromatics was started in 1955 by Keshavlal Bodani, who was fascinated by perfumes. He wanted to understand what made a perfume special and timeless. When his son Anil Bodani took over, he saw that unique smells and tastes were becoming very popular. So, he changed the company’s focus to making fragrances and flavors that would impress people and make them say, "Wow!"

Today, Oriental Aromatics is one of the top companies in the world for making flavors, fragrances, and special aroma chemicals. They create products that make things smell good, taste delicious, and even help with health. Their products are used in many industries, including perfumes, food and drinks, and religious items. They are known for their creative and high-quality products.

The company has a long history of exploring and innovating. They are experts in making smells and tastes that people enjoy. They also focus on using sustainable practices and efficient processes to make their products. Oriental Aromatics combines creativity with technical skills to make products that people remember and love.