Sansera Engineering Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 07, 2022 at 08:43 am EST
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Sansera Engineering Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 6,337.08 million compared to INR 5,397.39 million a year ago. Revenue was INR 6,361.91 million compared to INR 5,418.15 million a year ago. Net income was INR 459.01 million compared to INR 510.9 million a year ago. Basic earnings per share from continuing operations was INR 8.72 compared to INR 9.94 a year ago. Diluted earnings per share from continuing operations was INR 8.52 compared to INR 9.55 a year ago.
For the six months, sales was INR 11,644.51 million compared to INR 9,292.74 million a year ago. Revenue was INR 11,691.16 million compared to INR 9,369.15 million a year ago. Net income was INR 800.13 million compared to INR 697.57 million a year ago. Basic earnings per share from continuing operations was INR 15.34 compared to INR 13.58 a year ago. Diluted earnings per share from continuing operations was INR 14.88 compared to INR 13.03 a year ago.
Sansera Engineering Limited is an India-based engineering-led integrated manufacturer of complex and critical precision forged and machined components across the automotive and non-automotive sectors. In the automotive sector, the Company manufactures and supplies a wide range of precision forged and machined components and assemblies, such as connecting rod, rocker arm, crankshaft, gear shifter fork, stem comp, and aluminum forged parts, which are critical for engine, transmission, suspension, braking, chassis and other systems for the two-wheeler, passenger vehicle and commercial vehicle verticals. In the non-automotive sector, the Company manufactures and supplies a wide range of precision components for the aerospace, off-road, agriculture and other segments, including engineering and capital goods. Its subsidiaries include Fitwel Tools and Forgings Private Limited and Sansera Engineering Limited Mauritius.
SANSERA ENGINEERING LIMITED 
