Camlin Fine Sciences Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2022
May 19, 2022 at 08:54 am EDT
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Camlin Fine Sciences Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 3,892.25 million compared to INR 3,266.24 million a year ago. Revenue was INR 4,105.43 million compared to INR 3,287.17 million a year ago. Net income was INR 151.3 million compared to INR 142.65 million a year ago. Basic earnings per share from continuing operations was INR 1.16 compared to INR 1.16 a year ago. Diluted earnings per share from continuing operations was INR 1.14 compared to INR 1.03 a year ago.
For the full year, sales was INR 14,120.89 million compared to INR 11,871.03 million a year ago. Revenue was INR 14,451.23 million compared to INR 11,920.87 million a year ago. Net income was INR 606.78 million compared to INR 509.63 million a year ago. Basic earnings per share from continuing operations was INR 4.65 compared to INR 4.13 a year ago. Diluted earnings per share from continuing operations was INR 4.56 compared to INR 3.68 a year ago.
Camlin Fine Sciences Limited is an India-based company, which is engaged in research, development, manufacturing and marketing of specialty chemicals, ingredients, and additive blends. The Company is a provider of diverse advanced antioxidants and shelf-life extensions, aroma ingredients, performance chemical products and related solutions for food, animal nutrition, pet food, pharmaceutical and petrochemical industries globally. Its products include TBHQ, Catechol, BHA, 4-Tertiary Butyl Catechol, Xtendra, Butylated Hydroxy Toluene, Guaiacol, Para DiMethoxy Benzene, NaSure, MEHQ, Ascorbyl Palmitate, and HQEE. The Company manufactures specialty chemicals that can be categorized into shelf-life solutions, performance chemicals, aroma ingredients and health and wellness. Its products are used in varied industries, such as human food, animal feed, pet food, agrochemicals, petrochemicals, pharmaceuticals, nutraceuticals, flavors and fragrances and health care.