The Yamuna Syndicate Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 14, 2024 at 03:01 am EST
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The Yamuna Syndicate Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 145.09 million compared to INR 140.98 million a year ago. Revenue was INR 148.2 million compared to INR 144.45 million a year ago. Net income was INR 282.16 million compared to INR 300.67 million a year ago. Basic earnings per share from continuing operations was INR 917.98 compared to INR 978.2 a year ago. Diluted earnings per share from continuing operations was INR 917.98 compared to INR 978.2 a year ago.
For the nine months, sales was INR 497.21 million compared to INR 533.22 million a year ago. Revenue was INR 507.23 million compared to INR 542.63 million a year ago. Net income was INR 790.45 million compared to INR 522.26 million a year ago. Basic earnings per share from continuing operations was INR 2,571.66 compared to INR 1,699.11 a year ago. Diluted earnings per share from continuing operations was INR 2,571.66 compared to INR 1,699.11 a year ago.
The Yamuna Syndicate Limited is an India-based company that is engaged in goods trading activities. It trades in batteries, lubricants, petrol pump, electrical goods, agriculture products, electrical goods and automotive lubes. The Company's segments include Batteries, Oil and Lubricants, Agriculture Products, and other segments. The Batteries segment comprises of battery, scrap battery and ups. The Oil and Lubricants segment comprises of motor spirit/HSD and lubricants. The Agriculture Products segment comprises of pesticides and other agro-chemicals. The other segments include sale of electrical goods, spare parts and accessories. It is trading in the form of distribution of auto spare parts, such as v-belts, seals, antivibration mountings, coolant, radiator hoses and filters, among others. It is an authorized distributor of Gulf Oil Lubricants India Ltd for their automotive lubricants and batteries, for various districts of Himachal Pradesh.