Talbros Automotive Components Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 03:26 am EST
Share
Talbros Automotive Components 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 1,940.25 million compared to INR 1,607.34 million a year ago. Revenue was INR 1,966.22 million compared to INR 1,621.73 million a year ago. Net income was INR 200.26 million compared to INR 130.52 million a year ago. Basic earnings per share from continuing operations was INR 3.25 compared to INR 2.11 a year ago. Diluted earnings per share from continuing operations was INR 3.25 compared to INR 2.11 a year ago.
For the six months, sales was INR 3,768.51 million compared to INR 3,137.06 million a year ago. Revenue was INR 3,819.35 million compared to INR 3,168.52 million a year ago. Net income was INR 374.44 million compared to INR 249.54 million a year ago. Basic earnings per share from continuing operations was INR 6.07 compared to INR 4.04 a year ago. Diluted earnings per share from continuing operations was INR 6.07 compared to INR 4.04 a year ago.
Talbros Automotive Components Limited is an India-based company that is primarily engaged in the manufacturing of automotive components. The Company offers a range of products, including multi-layer steel gasket, exhaust manifold gasket, rubber molded gasket, cylinder head gasket, gasket with electrical controls, edge molded gasket and heat shield. It also offers other products, such as kingpins, gear blanks, housing and yoke shafts, power transmission parts for hybrid and electric drive, and vehicle structural parts. Its auto component has its presence across automobile categories in two-wheelers, passenger vehicles, commercial vehicles and farm equipment. It offers manufacturing capabilities, including three-dimensional (3D) modeling, dies and tool design, and 3D design. Its gasket manufacturing facilities are located in Faridabad, Haryana; Pune, Maharashtra, and Sitarganj, Uttarakhand. Its forging manufacturing facilities are located in Bawal, Haryana.
TALBROS AUTOMOTIVE COMPONENTS LIMITED 
