Acrysil Ltd. Announces Audited Consolidated and Standalone Financial Results for the Fourth Quarter and Full Year Ended Mar. 31, 2016
May 23, 2016 at 07:35 am EDT
Share
Acrysil Ltd. announced audited consolidated and standalone financial results for the fourth quarter and full year ended Mar. 31, 2016. For the quarter, the parent company reported profit from operations before other income, finance costs & exceptional items of INR 29.54 million against INR 33 million for the same period of last year. Profit from ordinary activities before tax was INR 22 million against INR 21.35 million for the same period of last year. Net profit for the period was INR 13 million or INR 2.43 per basic and diluted share against INR 14.45 million or INR 3.12 per basic and diluted share for the same period of last year. Net sales/income from operations (net of excise duty) were INR 349.6 million against INR 262 million for the same period of last year.
For the year, the parent company reported profit from operations before other income, finance costs & exceptional items of INR 137 million against INR 168.6 million for the same period of last year. Profit from ordinary activities before tax was INR 110.7 million against INR 131.65 million for the same period of last year. Net profit for the period was INR 70.5 million or INR 14.18 per basic and diluted share against INR 95 million or INR 20.49 per basic and diluted share for the same period of last year. Net sales/income from operations (net of excise duty) were INR 1,315.54 million against INR 1,165 million for the same period of last year.
For the quarter, the group reported profit from operations before other income, finance costs & exceptional items of INR 54 million against INR 48 million for the quarter ended Dec. 31, 2015. Profit from ordinary activities before tax was INR 31.3 million against INR 34 million for the quarter ended Dec. 31, 2015. Net profit for the period was INR 18 million or INR 3.09 per basic and diluted share against INR 23 million or INR 3.54 per basic and diluted share for the quarter ended Dec. 31, 2015. Net sales/income from operations (net of excise duty) were INR 435 million against INR 404 million for the quarter ended Dec. 31, 2015.
For the year, the group reported profit from operations before other income, finance costs & exceptional items of INR 239.6 million against INR 193 million for the same period of last year. Profit from ordinary activities before tax was INR 177.5 million against INR 132 million for the same period of last year. Net profit for the period was INR 121 million or INR 21.94 per basic and diluted share against INR 90 million or INR 18.88 per basic and diluted share for the same period of last year. Net sales/income from operations (net of excise duty) were INR 1,646 million against INR 1,264 million for the same period of last year.
Carysil Limited (Carysil) is an India-based company. The Company engaged in the manufacturing and trading of quartz kitchen sinks, stainless steel kitchen sinks, faucets, food waste disposer units, bath products, tiles, kitchen appliances and accessories, such as hobs, cooktops, ovens, wine chillers and dishwashers. The Company operates under the brand name CARYSIL. The Company provides a range of bathrooms and kitchens products. Its brands include Sternhagen and Carysil. Sternhagen offers Quartz models for basins for bathrooms. Carysil offers Quartz Antibacterial Sinks and Stainless-Steel integrated worktops. It also offers chimney with motion sensor, oil collector and auto-cleaning. It serves the customers in approximately 58 countries, including United States, United Kingdom, Germany, France, Canada, China, the Far East and Gulf Countries.