Gem Aromatics Limited announced the Unaudited Standalone and Consolidated Financial Results for the quarter ended December 31, 2025. The Board of Directors approved these results in a meeting held on January 27, 2026. The company reported a standalone net profit of ₹2.08 crore for the quarter, a significant decrease of 62% from ₹5.46 crore in the corresponding quarter of the previous year. Revenue from operations for the standalone entity stood at ₹390.1 crore, down from ₹983.99 crore year-on-year. On a consolidated basis, the net profit for the quarter ended December 31, 2025, was a loss of ₹9.94 crore, a sharp decline from a profit of ₹74.57 crore in the same period last year. Consolidated revenue from operations also saw a decrease to ₹789.03 crore from ₹973.42 crore year-on-year. The company also disclosed that the executive directors, Vipul Parekh, Kaksha Parekh, and Yash Parekh, have decided to waive their remuneration for the financial year 2025-26 due to the current business environment and financial performance. Furthermore, Gem Aromatics evaluated the impact of the new Labour Codes, which resulted in an additional employee benefit expense of ₹1.10 crore during the quarter, impacting defined benefit plans. The company had successfully completed its Initial Public Offering (IPO) on August 26, 2025, raising ₹1,628.63 million (approximately ₹162.86 crore) which has been fully utilized for prepayment of borrowings and general corporate purposes.
