Gabriel India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 10, 2022 at 04:02 am EST
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Gabriel India Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 8,028.72 million compared to INR 5,896.97 million a year ago. Revenue was INR 8,058.11 million compared to INR 5,941.25 million a year ago. Net income was INR 365.65 million compared to INR 249.19 million a year ago. Basic earnings per share from continuing operations was INR 2.55 compared to INR 1.73 a year ago.
For the six months, sales was INR 15,237.75 million compared to INR 10,415.2 million a year ago. Revenue was INR 15,328.56 million compared to INR 10,503.95 million a year ago. Net income was INR 694.71 million compared to INR 369.17 million a year ago. Basic earnings per share from continuing operations was INR 4.84 compared to INR 2.57 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 
