BCL Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 14, 2023 at 03:52 am EST
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BCL Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 5,338.53 million compared to INR 5,634.13 million a year ago. Revenue was INR 5,356.66 million compared to INR 5,666 million a year ago. Net income was INR 234.11 million compared to INR 241.53 million a year ago. Basic earnings per share from continuing operations was INR 0.969 compared to INR 1 a year ago. Diluted earnings per share from continuing operations was INR 0.969 compared to INR 1 a year ago.
For the nine months, sales was INR 13,611.42 million compared to INR 14,735.31 million a year ago. Revenue was INR 13,689.58 million compared to INR 14,829.99 million a year ago. Net income was INR 419.82 million compared to INR 619.93 million a year ago. Basic earnings per share from continuing operations was INR 1.738 compared to INR 2.567 a year ago. Diluted earnings per share from continuing operations was INR 1.738 compared to INR 2.567 a year ago.
BCL Industries Limited is an India-based company, which is engaged in the manufacturing of Edible Oils, Distillery and Real Estate. Its segments include Oil & Vanaspati, Distillery and Real Estate. The Oil & Vanaspati segment is engaged in manufacturing of vanaspati, refined oil, and extraction of oil & solvents from seeds. The Distillery segment includes production and marketing operations of the liquor for human consumption. The Real Estate segment includes the construction of a residential house. The Companyâs product basket includes Vanaspati Ghee, Refined Oil, Expelling Oil from seeds, Solvent Extraction of Oils from seeds, De-oiled cakes, Basmati, and Para-boiled rice. The Company offers its products under the brand Home Cook, Murli, White Gold, Royal Patiala Whisky, Old Professor Whisky, Ceros Rum, Rangers Barrel, Bang Bang and On The Rocks. Its Real Estate project includes Ganpati Enclave and DD Mittal Towers. The Companyâs subsidiary includes Svaksha Distillery Limited.