Endurance Technologies Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Quarter and Six Months Ended September 30, 2018
November 03, 2018 at 03:34 am EDT
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Endurance Technologies Limited reported unaudited standalone and consolidated earnings results for the quarter and six months ended September 30, 2018. For the quarter, On standalone basis, revenue from operations was INR 14,350.65 million compared to INR 11,349.08 million a year ago. Total Income was INR 14,403.55 million compared to INR 11,390.17 million a year ago. Profit before exceptional items and tax was INR 1,437.98 million compared to INR 1,113.30 million a year ago. Profit before tax was INR 1,437.98 million compared to INR 1,113.30 million a year ago. Profit was INR 945.93 million compared to INR 730.59 million a year ago. Earnings per share (not annualised) basic and diluted was INR 6.72 compared to INR 5.19 a year ago.
For the six months, On standalone basis, revenue from operations was INR 27,499.15 million compared to INR 23,013.37 million a year ago. Total Income was INR 27,580.86 million compared to INR 23,098.31 million a year ago. Profit before exceptional items and tax was INR 2,796.52 million compared to INR 2,080.49 million a year ago. Profit before tax was INR 2,796.52 million compared to INR 2,080.49 million a year ago. Profit was INR 1,846.60 million compared to INR 1,409.76 million a year ago. Earnings per share (not annualised) basic and diluted was INR 13.13 compared to INR 10.02 a year ago.
For the quarter, On consolidated basis, revenue from operations was INR 19,367.23 million compared to INR 15,723.32 million a year ago. Total Income was INR 19,446.97 million compared to INR 15,782.39 million a year ago. Profit before exceptional items and tax was INR 1,901.68 million compared to INR 1,517.09 million a year ago. Profit before tax was INR 1,901.68 million compared to INR 1,517.09 million a year ago. Profit was INR 1,252.13 million compared to INR 996.84 million a year ago. Earnings per share (not annualised) basic and diluted was INR 8.90 compared to INR 7.09 a year ago. Profit for the period attributable to shareholders of the Company was INR 1,252.13 million compared to INR 996.84 million a year ago.
For the six months, On consolidated basis, revenue from operations was INR 37,971.56 million compared to INR 32,059.78 million a year ago. Total Income was INR 38,092.60 million compared to INR 32,175.32 million a year ago. Profit before exceptional items and tax was INR 3,777.91 million compared to INR 2,914.27 million a year ago. Profit before tax was INR 3,777.91 million compared to INR 2,914.27 million a year ago. Profit was INR 2,497.98 million compared to INR 1,962.13 million a year ago. Earnings per share (not annualised) basic and diluted was INR 17.76 compared to INR 13.95 a year ago. Profit for the period attributable to shareholders of the Company was INR 2,497.98 million compared to INR 1,962.13 million a year ago.
Endurance Technologies Limited is an India-based global automotive components manufacturer. The Company has operations in India and Europe (Italy and Germany). In India, the Company predominantly caters to two and three-wheeler original equipment manufacturers (OEMs) and its products include aluminum castings, suspensions, transmission, braking and battery management systems. In Europe, it supplies aluminum castings to four-wheeler OEMs, and also caters to the aftermarket for two-wheeler components. The Company provides end to end services by engaging its customers from conception to end user delivery and also catering to the replacement market. It has approximately 31 manufacturing plants out of which 19 are located in India and 12 in overseas countries. Its 2-wheeler (2W) products include ABS modulator, alloy wheel 2W EV, clutch, 2W alloy wheel and 2W brake disc. Its 4-wheeler products include passenger vehicle torque converter housing and passenger vehicle engine mounting bracket.
ENDURANCE TECHNOLOGIES LIMITED 
