The Anup Engineering Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 17, 2023 at 03:44 am EDT
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The Anup Engineering Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 1,441.74 million compared to INR 999.82 million a year ago. Revenue was INR 1,446.36 million compared to INR 1,023.53 million a year ago. Net income was INR 194.65 million compared to INR 323.57 million a year ago. Basic earnings per share from continuing operations was INR 9.575 compared to INR 16.355 a year ago. Diluted earnings per share from continuing operations was INR 9.505 compared to INR 16.275 a year ago.
For the full year, sales was INR 4,113.38 million compared to INR 2,882.42 million a year ago. Revenue was INR 4,125.8 million compared to INR 2,920.09 million a year ago. Net income was INR 514.3 million compared to INR 620.54 million a year ago. Basic earnings per share from continuing operations was INR 26.005 compared to INR 31.415 a year ago. Diluted earnings per share from continuing operations was INR 25.84 compared to INR 31.225 a year ago.
The Anup Engineering Limited is an India-based company that is engaged in manufacturing and fabrication of process equipment. The Company's products include static process equipment, technology products, engineering services, dished ends and industrial centrifuges. Its static process equipment includes heat exchangers, reactors, pressure vessels, columns and towers, and custom fabrication. Its technology products include Helixchanger and EMBaffle Heat Exchanger. The Company offers a range of shell and tube heat exchangers for oil and gas, refinery, petrochemical, fertilizer, power, water and wastewater, and chemical industries. Its range of heat exchangers include evaporators, high-pressure feed water heaters, surface condensers, waste heat exchangers, multi-tube hairpin exchangers, bayonet heat exchangers, catalyst coolers, transfer line exchangers and others.
THE ANUP ENGINEERING LIMITED 
