S.J.S. Enterprises Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 07, 2023 at 05:20 am EST
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S.J.S. Enterprises 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 1,631.78 million compared to INR 1,169.38 million a year ago. Revenue was INR 1,648.59 million compared to INR 1,192.86 million a year ago. Net income was INR 193.22 million compared to INR 199.48 million a year ago. Basic earnings per share from continuing operations was INR 6.23 compared to INR 6.55 a year ago. Diluted earnings per share from continuing operations was INR 6.09 compared to INR 6.48 a year ago.
For the six months, sales was INR 2,804.26 million compared to INR 2,201.06 million a year ago. Revenue was INR 2,853.01 million compared to INR 2,247.83 million a year ago. Net income was INR 373.26 million compared to INR 361.57 million a year ago. Basic earnings per share from continuing operations was INR 12.13 compared to INR 11.88 a year ago. Diluted earnings per share from continuing operations was INR 11.9 compared to INR 11.74 a year ago.
S.J.S. Enterprises Limited is an Indian decorative aesthetics solutions provider. The Company is engaged in the business of manufacturing of decorative aesthetic products primarily for the automotive, consumer durables and consumer appliance industry, such as automotive dials, overlays, badges and logos, spare parts, accessories of plastic and other materials. It also manufactures products for commercial vehicles, medical devices, farm equipment and sanitaryware industries. The Company has over 11 product categories, such as decals, logos - domes and 3D lux, aluminum badges, 2D and 3D appliques, chrome plated parts, overlays, in-mold decorative (IMD), optical plastics, lens mask assembly, and others. Its chrome-plated and painted products include wheel covers, monograms, nameplates, rear and front appliques, and door handles, among others. Its subsidiary, Exotech Plastics Private Limited, is engaged in the manufacturing and supplying of automobile components and other components.