Galaxy Surfactants Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 11, 2023 at 07:44 am EST
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Galaxy Surfactants Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 10,802.6 million compared to INR 9,290.9 million a year ago. Revenue was INR 10,840 million compared to INR 9,308.5 million a year ago. Net income was INR 1,062.1 million compared to INR 456.2 million a year ago. Basic earnings per share from continuing operations was INR 29.96 compared to INR 12.86 a year ago. Diluted earnings per share from continuing operations was INR 29.96 compared to INR 12.86 a year ago.
For the nine months, sales was INR 34,707.7 million compared to INR 26,327.7 million a year ago. Revenue was INR 34,735.9 million compared to INR 26,440.9 million a year ago. Net income was INR 2,904.5 million compared to INR 1,643.8 million a year ago. Basic earnings per share from continuing operations was INR 81.92 compared to INR 46.36 a year ago. Diluted earnings per share from continuing operations was INR 81.92 compared to INR 46.36 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 
