Prataap Snacks Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 26, 2023 at 02:21 pm EDT
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Prataap Snacks Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 3,979.05 million compared to INR 3,584.89 million a year ago. Revenue was INR 3,880.4 million compared to INR 3,632.7 million a year ago. Net income was INR 216.09 million compared to net loss of INR 29.48 million a year ago. Basic earnings per share from continuing operations was INR 9.06 compared to basic loss per share from continuing operations of INR 1.26 a year ago. Diluted earnings per share from continuing operations was INR 9.06 compared to diluted loss per share from continuing operations of INR 1.26 a year ago.
For the full year, sales was INR 16,417.09 million compared to INR 13,830.98 million a year ago. Revenue was INR 16,606.93 million compared to INR 14,103.48 million a year ago. Net income was INR 203.12 million compared to INR 29.09 million a year ago. Basic earnings per share from continuing operations was INR 8.51 compared to INR 1.24 a year ago. Diluted earnings per share from continuing operations was INR 8.51 compared to INR 1.24 a year ago.
Prataap Snacks Limited is an India-based company that is engaged in processing, manufacturing and sale of various types of potato-based snacks, extruded snacks, namkeen and ethnic sweets under the brand name, Yellow Diamond. The Company operates in the Snacks Food segment. It offers products in three categories: Extruded Snacks, Potato Chips and Namkeen. Its extruded snacks include processed, reconstituted, shaped, potato or cereal-based snacks, which may be flavored or unflavored. It also offers puffed snacks. The Company's portfolio of extruded snacks is divided into shaped extruded snacks, which consists of pellets (scoops and wheels) and random extruded snacks, which include Chulbule (savory sticks). Its range of products includes Foochka Gol Gappa, Cookies, Mini Maska Bun, Masala Pipe, Stix, Sweet & Tangy Pillows, Rich Feast Cookie cake, Katori, Rich Feast Choco Vanilla cake, Kurves, Rings, Chips, Puffs, Popcorn, Scoops, Fungroo, and others.