Excel Industries Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019
May 24, 2019 at 07:43 am EDT
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Excel Industries Limited announced audited standalone earnings results for the fourth quarter and year ended March 31, 2019. For the quarter, the company reported revenue from operations of INR 1,907.429 million against INR 1,829.991 million a year ago. Total income was INR 1,922.138 million against INR 1,832.785 million a year ago. Profit for the period was INR 300.813 million against INR 341.051 million a year ago. Basic and diluted earnings per share from continuing and discounting operations was INR 23.93 against INR 27.13 a year ago. Basic and diluted earnings per share from continuing operations was INR 23.92 against INR 28.14 a year ago. Basic and diluted earnings per share from discontinuing operations was INR 0.01 against loss per share of INR 1.01 a year ago.
For the year, the company reported revenue from operations of INR 8,060.030 million against INR 5,941.450 million a year ago. Total income was INR 8,103.988 million against INR 5,978.728 million a year ago. Profit for the period was INR 1,520.647 million against INR 725.404 million a year ago. Basic and diluted earnings per share from continuing and discounting operations was INR 120.97 against INR 57.71 a year ago. Basic and diluted earnings per share from continuing operations was INR 120.84 against INR 58.13 a year ago. Basic and diluted earnings per share from discontinuing operations was INR 0.13 against loss per share INR 0.42 a year ago.
For the year, the consolidated company's revenue from operations was INR 8,249.602 million against INR 6,111.277 million a year ago. Profit for the year was INR 1,534.543 million against INR 738.935 million a year ago. Basic Earnings per share was INR 122.07 against INR 58.78 a year ago.
Excel Industries Limited is an India-based company that is engaged in chemical and environment management business. The Company is engaged in the manufacturing and selling of chemicals, and environmental and biotech products and services. Its chemicals products comprise agrochemical intermediates, specialty chemicals, pesticides intermediates, polymer additives, and pharma intermediates and active pharma ingredients. Its environmental and biotech products comprise organic waste management composting, municipal solid waste management, plastic waste management and construction and demolition waste management. The Company caters to both domestic and international markets. It is also engaged in manufacturing activity on behalf of third parties. It manufactures agrochem intermediates, such as P2S5, PSCl3, DETC, DMTC, DMPAT, and NaTCP. The Company manufactures specialty chemicals, such as acetyl chloride, specialty mining additives, phenolic and non-phenolic biocides, and phenyl hydrazine.
Excel Industries Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019