Borosil Renewables Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 24, 2023 at 07:51 am EDT
Share
Borosil Renewables Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 3,090.52 million. Revenue was INR 3,137.96 million. Net income was INR 100.98 million. Basic earnings per share from continuing operations was INR 0.77. Diluted earnings per share from continuing operations was INR 0.77.
For the full year, sales was INR 8,940.35 million. Revenue was INR 9,137.78 million. Net income was INR 696.32 million. Basic earnings per share from continuing operations was INR 5.34. Diluted earnings per share from continuing operations was INR 5.34.
Borosil Renewables Limited is an India-based company, which is engaged in manufacturing of low iron textured solar glass for application in photovoltaic panels, flat plate collectors and green houses. Its products, such as Selene, is an anti-glare solar glass suitable for PV installations near airports and Shakti, is a solar glass in matt-matt finish, low iron textured solar glass, 2 mm fully tempered solar glass, Nosbera, antimony-free solar glass, solar glass with anti-reflective coating, and solar glass with anti-soiling coating. It also manufactures specialty glasses. The Company, through its brand BOROSIL, manufactures a range of lab ware, scientific ware, and consumer ware products. Its present solar glass manufacturing capacity is 450 tons per day (TPD). The Company's subsidiaries include Geosphere Glassworks GmbH, Laxman AG, GMB Glasmanufaktur Brandenburg GmbH, and Interfloat Corporation.
BOROSIL RENEWABLES LIMITED 
