Gujarat Ambuja Exports Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2022
May 28, 2022 at 08:33 am EDT
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Gujarat Ambuja Exports 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 12,554.9 million compared to INR 16,765.4 million a year ago. Revenue was INR 12,752.4 million compared to INR 16,780.1 million a year ago. Net income was INR 1,533.1 million compared to INR 1,184.2 million a year ago. Basic earnings per share from continuing operations was INR 6.69 compared to INR 5.16 a year ago. Diluted earnings per share from continuing operations was INR 6.69 compared to INR 5.16 a year ago.
For the full year, sales was INR 46,703.1 million compared to INR 47,053 million a year ago. Revenue was INR 47,243.7 million compared to INR 47,341.5 million a year ago. Net income was INR 4,754.4 million compared to INR 3,380.7 million a year ago. Basic earnings per share from continuing operations was INR 20.73 compared to INR 14.74 a year ago. Diluted earnings per share from continuing operations was INR 20.73 compared to INR 14.74 a year ago.
Gujarat Ambuja Exports Limited is an India-based company that is principally involved in the Agro-processing business. It is engaged in manufacturing corn starch derivatives, soya derivatives, feed ingredients, cotton yarn, and edible oils. Its divisions include Spinning, Maize Processing, Other Agro Processing and Renewable Power. The Agro-Processing segment includes solvent extraction, flour mill and cattle feed operations. Its starch derivates include maize starch, dextrins, maltodextrin, dextrose anhydrous, dextrose monohydrate powder, high maltose corn syrup, liquid glucose, and others. Its soy derivatives include defatted and full fat soya flour/ fakes/ grits, liquid soya lecithin and soya granules and soya nuggets. Its feed ingredients include corn/maize gluten meal, rapseed extraction meal and soybean meal. Its edible oils include refined soybean oil, filtered groundnut oil, refined cotton seed oil, refined palm oil, refined corn oil, vanaspati ghee and bakery shortening.
GUJARAT AMBUJA EXPORTS LIMITED 
