Carysil Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 31, 2024 at 04:01 am EST
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Carysil Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,879.57 million compared to INR 1,378 million a year ago. Revenue was INR 1,888.74 million compared to INR 1,379.59 million a year ago. Net income was INR 153.34 million compared to INR 120.54 million a year ago. Basic earnings per share from continuing operations was INR 5.72 compared to INR 4.5 a year ago. Diluted earnings per share from continuing operations was INR 5.71 compared to INR 4.51 a year ago.
For the nine months, sales was INR 4,932.26 million compared to INR 4,483.19 million a year ago. Revenue was INR 4,966.23 million compared to INR 4,488.75 million a year ago. Net income was INR 423.56 million compared to INR 399.9 million a year ago. Basic earnings per share from continuing operations was INR 15.8 compared to INR 14.95 a year ago. Diluted earnings per share from continuing operations was INR 15.77 compared to INR 14.89 a year ago.
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.