PCBL Chemical Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
Published on 05/23/2024 at 04:59
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PCBL Chemical Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 19,287.8 million compared to INR 13,738.1 million a year ago. Revenue was INR 19,519.8 million compared to INR 13,904.3 million a year ago. Net income was INR 1,112.6 million compared to INR 1,021.7 million a year ago. Basic earnings per share from continuing operations was INR 2.95 compared to INR 2.71 a year ago.
For the full year, sales was INR 64,197.7 million compared to INR 57,740.6 million a year ago. Revenue was INR 64,568 million compared to INR 58,146.7 million a year ago. Net income was INR 4,909.4 million compared to INR 4,418 million a year ago. Basic earnings per share from continuing operations was INR 13 compared to INR 11.7 a year ago.
PCBL Chemical Limited, formerly PCBL Limited, is an India-based carbon black manufacturer. The Company is primarily engaged in the business of manufacturing and sale of carbon black and sale of power. The Companyâs segment includes Carbon Black, Power and Chemicals. The Carbon Black segment is engaged in production of Carbon Black through its five manufacturing units located at Durgapur, Kochi, Palej, Mundra and Tiruvallur District. The Power segment is engaged in generation of electricity. The Chemicals segment is engaged in the business of manufacturing, marketing and sale of water treatment chemicals and oil and gas chemicals. Its specialty chemicals segment with a production capacity of approximately 7,70,000 metric tons per annum and generating 122 megawatts per hour of green power. Its products include specialty chemicals, tires and performance chemicals, and others. Specialty chemicals are primarily used as a pigment in plastics, inks, coatings, and many other applications.
