Acrysil Ltd Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2016
August 08, 2016 at 06:51 am EDT
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Acrysil Ltd. reported unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 383.028 million against INR 340.968 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 53.385 million against INR 49.128 million for the same period of previous year. Profit from ordinary activities before tax was INR 48.708 million against INR 38.786 million for the same period of previous year. Net profit was INR 31.412 million or INR 6.05 per diluted share compared to INR 26.429 million or INR 5.68 per diluted share for the same period of previous year.
For the quarter, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 483.460 million against INR 417.103 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 80.910 million against INR 72.856 million for the same period of previous year. Profit from ordinary activities before tax was INR 57.022 million against INR 67.016 million for the same period of previous year. Net profit was INR 34.064 million or INR 6.12 per diluted share compared to INR 50.799 million or INR 10.10 per diluted share for the same period of previous 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.