Advanced Enzyme Tech Q3 Profit Jumps 13%, Board Approves Wind Power Plant
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CNBC TV18•31-01-2026, 13:13
Advanced Enzyme Tech Q3 Profit Jumps 13%, Board Approves Wind Power Plant
- •Advanced Enzyme Technologies reported a 13% increase in net profit to ₹42.5 crore for Q3.
- •Revenue grew by 1.8% to ₹172 crore in the December quarter.
- •EBITDA rose 9.3% to ₹49.8 crore, but the EBITDA margin contracted to 28.9%.
- •The board approved a collaboration to set up a group captive wind power plant via an SPV.
- •The company plans to invest up to a 26% equity stake in the SPV as a captive user, potentially dropping a solar power project.
Why It Matters: Advanced Enzyme Tech saw Q3 profit growth and greenlit a wind power plant, despite margin contraction.
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