Sudarshan Chemical Industries Limited Reports Audited Standalone Earnings Results for Fourth Quarter and Full Year and Consolidated Earnings Results for the Year Ended March 31, 2018
May 24, 2018 at 07:01 am EDT
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Sudarshan Chemical Industries Limited reported audited standalone earnings results for fourth quarter and full year and consolidated earnings results for the year ended March 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 3,772.92 million compared to INR 3,014.25 million a year ago. Profit before tax from continuing operations was INR 312.32 million compared to INR 216.57 million a year ago. Profit for the quarter from continuing operations was INR 228.70 million or INR 3.30 per basic and diluted share compared to INR 173.67 million or INR 2.51 per basic and diluted share a year ago. Profit for the period was INR 224.94 million or INR 3.25 per basic and diluted share compared to INR 174.46 million or INR 2.52 per basic and diluted share a year ago.
For the year, on standalone basis, the company reported revenue from operations of INR 13,218.39 million compared to INR 11,816.13 million a year ago. Profit before tax from continuing operations was INR 1,265.99 million compared to INR 1,161.56 million a year ago. Profit for the quarter from continuing operations was INR 858.30 million or INR 12.40 per basic and diluted share compared to INR 859.59 million or INR 12.42 per basic and diluted share a year ago. Profit for the period was INR 880.27 million or INR 12.72 per basic and diluted share compared to INR 892.74 million or INR 12.90 per basic and diluted share a year ago.
For the year, on consolidated basis, the company reported revenue from operations of INR 14,542.53 million compared to INR 13,462.79 million a year ago. Profit before tax from continuing operations was INR 1,177.38 million compared to INR 1,261.18 million a year ago. Profit for the quarter from continuing operations was INR 781.91 million or INR 11.29 per basic and diluted share compared to INR 917.65 million or INR 13.26 per basic and diluted share a year ago. Profit for the period was INR 847.25 million or INR 12.24 per basic and diluted share compared to INR 1,013.55 million or INR 14.64 per basic and diluted share a year ago.
Sudarshan Chemical Industries Limited is an India-based global color and pigment manufacturer. The Company is engaged in supplying pigments and solvent dyes for coatings, plastics, printing and digital printing, cosmetics, and special applications. The Company operates through two segments: Pigments, and Others. The Pigments segment produces and sells a range of organic, inorganic, effect pigments, and dispersions primarily for paints, plastics, inks, and cosmetics industries. The Others segment comprises of project engineering and manufacturing business of grinding solutions, clean air solutions, power handling solutions. It offers a complete palette of colors for everyday use, durable colors, and special effects. Its coatings applications include decorative, industrial, and automotive paints. The Companyâs brands include Sudaperm, Sudafast, Sudacolor, Sudajet, Sudatherm, Sudasol, Sudanyl, Sumica, Sumicos, Prestige, and Sudacos.
Sudarshan Chemical Industries Limited Reports Audited Standalone Earnings Results for Fourth Quarter and Full Year and Consolidated Earnings Results for the Year Ended March 31, 2018