Shaily Engineering Plastics Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 13, 2024 at 05:06 am EST
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Shaily Engineering Plastics Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,584.38 million compared to INR 1,362.63 million a year ago. Revenue was INR 1,595.18 million compared to INR 1,364.93 million a year ago. Net income was INR 145.24 million compared to INR 56.66 million a year ago. Basic earnings per share from continuing operations was INR 3.17 compared to INR 1.24 a year ago. Diluted earnings per share from continuing operations was INR 3.15 compared to INR 124 a year ago.
For the nine months, sales was INR 4,733.12 million compared to INR 4,725.69 million a year ago. Revenue was INR 4,782.34 million compared to INR 4,737.94 million a year ago. Net income was INR 379.54 million compared to INR 252.2 million a year ago. Basic earnings per share from continuing operations was INR 8.27 compared to INR 5.5 a year ago. Diluted earnings per share from continuing operations was INR 8.26 compared to INR 5.5 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 
