Galaxy Surfactants Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 23, 2023 at 10:10 am EDT
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Galaxy Surfactants Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 9,744.7 million compared to INR 10,529.4 million a year ago. Revenue was INR 9,815 million compared to INR 10,541.3 million a year ago. Net income was INR 905.3 million compared to INR 984 million a year ago. Basic earnings per share from continuing operations was INR 25.54 compared to INR 27.76 a year ago. Diluted earnings per share from continuing operations was INR 25.54 compared to INR 27.76 a year ago.
For the full year, sales was INR 44,452.4 million compared to INR 36,857.1 million a year ago. Revenue was INR 44,550.9 million compared to INR 36,982.2 million a year ago. Net income was INR 3,809.8 million compared to INR 2,627.8 million a year ago. Basic earnings per share from continuing operations was INR 107.46 compared to INR 74.12 a year ago. Diluted earnings per share from continuing operations was INR 107.46 compared to INR 74.12 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.
GALAXY SURFACTANTS LIMITED 
