Gabriel India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2022
May 24, 2022 at 09:14 am EDT
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Gabriel India 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 6,843.28 million compared to INR 5,782.92 million a year ago. Revenue was INR 6,951.56 million compared to INR 5,869.7 million a year ago. Net income was INR 269.15 million compared to INR 288.54 million a year ago. Basic earnings per share from continuing operations was INR 1.87 compared to INR 2.01 a year ago.
For the full year, sales was INR 23,319.89 million compared to INR 16,948.33 million a year ago. Revenue was INR 23,581.56 million compared to INR 17,191.46 million a year ago. Net income was INR 895.15 million compared to INR 602.73 million a year ago. Basic earnings per share from continuing operations was INR 6.23 compared to INR 4.2 a year ago.
Gabriel India Limited is an India-based auto component company. The Company specializes in manufacturing ride control components such as shock absorbers, struts, and front forks. It is engaged in the trading of automobile components. The Company has a presence across various business segments, including two- and three-wheelers, passenger cars, commercial vehicles, railways and aftermarket. It offers various products, such as canister shock absorber, telescopic front fork, inverted front fork (canister and big piston design), mono shox, shock absorbers rear shock absorbers, strut assembly, FSD suspension, axle dampers, cabin dampers, seat dampers, double-acting hydraulic shock absorbers for conventional coaches for integral coach factory (ICF), shock absorber for EMU/ MEMU/DMU coaches, dampers for diesel locomotives, shock absorbers, MacPherson struts, gas springs, brake pads, drive shafts, suspension parts, suspension and strut bush kits, OC springs, coolants and front fork components.
GABRIEL INDIA LIMITED 
