Ingersoll-Rand India Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2020
June 30, 2020 at 05:04 am EDT
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Ingersoll-Rand India Limited announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced total revenue was INR 1,502.100 million compared to INR 1,987.400 million a year ago. Net income was INR 192.200 million compared to INR 168.300 million a year ago. Basic earnings per share was INR 6.08 compared to INR 5.33 a year ago. For the full year, total revenue was INR 7,417.500 million compared to INR 7,730.000 million a year ago. Net income was INR 845.900 million compared to INR 809.300 million a year ago. Basic earnings per share was INR 26.8 compared to INR 25.64 a year ago.
Ingersoll-Rand (India) Limited is an India-based company that is engaged in the business of manufacturing and selling of industrial air compressors of various capacities and providing related services. The Company's air compressors range from single-stage and two-stage reciprocating, oil-free, oil-flooded, centrifugal solutions, as well as nitrogen generators and PET compressors. It also offers a range of compressed air services as well as air treatment, parts and accessories such as air filters, dryers and condensate separators. Its types of commercial air compressors include reciprocating air compressors, oil-flooded air compressors, oil-free air compressors, centrifugal air compressors and PET compressed air solutions. Its air compressor parts and accessories include air compressor dryers, air compressor filters, and air compressor controllers and automation. The Companyâs products are primarily sold to industries in the automotive, metals, pharmaceutical and textile sectors.
INGERSOLL-RAND (INDIA) LIMITED 
