Aia Engineering Limited Reports Earnings Results for the First Quarter Ended June 30, 2021
August 13, 2021 at 03:26 am EDT
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AIA Engineering Limited announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was INR 7,794.578 million compared to INR 6,551.026 million a year ago. Net income was INR 1,493.252 million compared to INR 1,292.674 million a year ago. Basic earnings per share from continuing operations was INR 15.83 compared to INR 13.71 a year ago.
AIA Engineering Limited is engaged in the manufacturing of high chrome mill internals. The Company is engaged in manufacturing, designing, developing, installing, and servicing high chromium wear, corrosion, and abrasion-resistant castings. These products specifically serve the cement, mining, and thermal power-generating industries. The Company operating segment includes manufacturing of High Chrome Mill Internals (Castings) and all other activities are incidental thereto. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. Its services include mill audits, turnkey installation and commissioning projects, stock assessment and management, and performance monitoring.