Mayur Uniquoters Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 06:04 am EST
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Mayur Uniquoters Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 2,028.87 million compared to INR 2,040.55 million a year ago. Revenue was INR 2,108.18 million compared to INR 2,102.3 million a year ago. Net income was INR 324.19 million compared to INR 271.66 million a year ago. Basic earnings per share from continuing operations was INR 7.38 compared to INR 6.18 a year ago. Diluted earnings per share from continuing operations was INR 7.38 compared to INR 6.18 a year ago.
For the six months, sales was INR 4,038.27 million compared to INR 4,044.98 million a year ago. Revenue was INR 4,198.45 million compared to INR 4,152.14 million a year ago. Net income was INR 629.54 million compared to INR 542.62 million a year ago. Basic earnings per share from continuing operations was INR 14.33 compared to INR 12.33 a year ago. Diluted earnings per share from continuing operations was INR 14.33 compared to INR 12.33 a year ago.
Mayur Uniquoters Limited is an India-based manufacturer of artificial leather. The Company is engaged in the business of manufacturing of coated textile fabrics, artificial leather and polyvinyl chloride (PVC) vinyl, which are widely used in different segments such as footwear, furnishings, automotive original equipment manufacturer, automotive replacement market, and automotive exports. It operates through a single segment, manufacturing and sale of PU/PVC Synthetic Leather. Its products include automotive, footwear, furnishing, and leather goods and garments. It offers a range of leather for the automotive industry, which is used in various parts, including seats, door trims, steering wheel covers, gear boot and knob covers, roof lining, sun visors and hoods. It offers products for various parts of footwear, such as shoe uppers, shoe lining and insoles. These products find application in formal shoe and boots, sports shoes, sandals, slippers as well as high end womenâs footwear.
MAYUR UNIQUOTERS LIMITED 
