Shaily Engineering Plastics Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 07, 2023 at 04:55 am EST
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Shaily Engineering Plastics 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 1,575.69 million compared to INR 1,612.69 million a year ago. Revenue was INR 1,605.4 million compared to INR 1,621.2 million a year ago. Net income was INR 108.25 million compared to INR 100.77 million a year ago. Basic earnings per share from continuing operations was INR 2.36 compared to INR 2.198 a year ago.
For the six months, sales was INR 3,148.73 million compared to INR 3,363.07 million a year ago. Revenue was INR 3,187.16 million compared to INR 3,393.02 million a year ago. Net income was INR 234.3 million compared to INR 195.53 million a year ago. Basic earnings per share from continuing operations was INR 5.108 compared to INR 4.262 a year ago.
Shaily Engineering Plastics Limited is an India-based exporter of plastics components. The Company manufactures high-precision injection molded plastic components. The Company operates through the manufacture and sale of customized components made up of plastic and other materials. It offers a range of technological solutions for patient-centric and self-medication injection systems. It also offers drug delivery devices, pen injectors, auto injectors, dry powder inhalers (DPIâS) and specialty devices and packaging for the pharmaceutical industry. It manufactures a range of plastic and plastic/electronic children's toys for global markets. The Company also manufactures razors and a range of stylish casing for cosmetics. It also makes turbochargers for high-end luxury cars. The Company serves sectors, such as Consumer, Healthcare, Automotive, FMCG, and Personal Care. It has manufacturing facilities at Rania and Halol, Vadodara, Gujarat.
SHAILY ENGINEERING PLASTICS LIMITED 
