Galaxy Surfactants Limited Reports Earnings Results for the First Quarter Ended June 30, 2022
August 09, 2022 at 07:25 am EDT
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Galaxy Surfactants Limited reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 11,588.8 million compared to INR 8,263.8 million a year ago. Revenue was INR 11,568.8 million compared to INR 8,309 million a year ago. Net income was INR 1,003.7 million compared to INR 768.2 million a year ago. Basic earnings per share from continuing operations was INR 28.31 compared to INR 21.67 a year ago. Diluted earnings per share from continuing operations was INR 28.31 compared to INR 21.67 a year ago.
Galaxy Surfactants Ltd is an India-based company that is principally engaged in the manufacture of surfactants and other specialty ingredients for the personal care and home care industries. The Companyâs market segments include skincare, haircare, sun care, oral care, baby care and home care. It provides cosmetic ingredients for personal and home care applications. Its product groups include fatty alcohol sulfate and ether sulfate, fatty alcohol ethoxylate and linear alkyl benzene sulphonic acids (LABSA), foam and viscosity boosters, mild surfactants, pearlized, surfactant blends, syndet and TBB, sunscreens, functional actives, preservatives, and blends. Its home care industry application includes laundry care, dish care, surface care, and institutional and industrial cleaning. Its subsidiaries include Galaxy Holdings (Mauritius) Ltd., Galaxy Chemicals (Egypt) S.A.E., Galaxy Chemicals (Egypt) S.A.E., and TRI-K Industries Inc.