Tarsons Products Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
February 07, 2022 at 02:21 am EST
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Tarsons Products Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported revenue was INR 731.25 million compared to INR 620.34 million a year ago. Net income was INR 214.73 million compared to INR 210.49 million a year ago. Basic earnings per share from continuing operations was INR 4.14 compared to INR 4.13 a year ago. Diluted earnings per share from continuing operations was INR 4.14 compared to INR 4.13 a year ago.
For the nine months, revenue was INR 2,217.43 million compared to INR 1,660.77 million a year ago. Net income was INR 712.01 million compared to INR 453.13 million a year ago. Basic earnings per share from continuing operations was INR 13.89 compared to INR 8.82 a year ago. Diluted earnings per share from continuing operations was INR 13.89 compared to INR 8.82 a year ago.
Tarsons Products Limited is an India-based labware company. The Company is engaged in designing, development, manufacturing and marketing of consumables, reusables and others including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies contract research organizations (CROs), diagnostic companies and hospitals. The Company is also engaged in the manufacturing of range a of labware products which helps scientific discovery and improve healthcare. The Company has developed a diverse range of labware products under the categories: consumables, reusables and others. The Company's consumables products include pipette tips, centrifuge ware, petri dishes, cryo ware and storage vials. Its reusable products include bottles and carboys, beakers, cylinders and racks. Its other products include centrifuge, vortex, and pipettors.