Excel Industries Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Second Quarter and Half Year Ended September 30, 2019
November 08, 2019 at 07:18 am EST
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Excel Industries Limited reported unaudited standalone and consolidated earnings results for the second quarter and half year ended September 30, 2019. For the quarter, on a standalone basis, the company reported total income of INR 1,825.204 million compared to INR 2,128.592 million a year ago. Profit for the period (after tax) was INR 382.497 million compared to INR 431.232 million a year ago. Basic earnings per share was INR 30.43 compared to INR 34.31 a year ago.
For the six months, on a standalone basis, the company reported total income of INR 3,764.403 million compared to INR 4,100.233 million a year ago. Profit for the period (after tax) was INR 654.827 million compared to INR 819.808 million a year ago. Basic earnings per share was INR 52.09 compared to INR 65.22 a year ago.
For the quarter, on a consolidated basis, the company reported total income of INR 1,842.315 million compared to INR 2,137.282 million a year ago. Profit for the period (after tax) was INR 398.960 million compared to INR 439.825 million a year ago. Basic earnings per share was INR 31.74 compared to INR 34.99 a year ago.
For the six months, on a consolidated basis, the company reported total income of INR 3,783.629 million compared to INR 4,110.780 million a year ago. Profit for the period (after tax) was INR 673.005 million compared to INR 830.139 million a year ago. Basic earnings per share was INR 53.34 compared to INR 66.04 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 
