Tarsons Products Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 13, 2024 at 07:34 am EST
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Tarsons Products 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 617.89 million. Revenue was INR 650.26 million. Net income was INR 99.26 million. Basic earnings per share from continuing operations was INR 1.87. Diluted earnings per share from continuing operations was INR 1.87.
For the nine months, sales was INR 1,906.73 million. Revenue was INR 1,987.71 million. Net income was INR 323.24 million. Basic earnings per share from continuing operations was INR 6.08. Diluted earnings per share from continuing operations was INR 6.08.
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.