The Anup Engineering Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
January 18, 2022 at 05:27 am EST
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The Anup Engineering Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 472.09 million compared to INR 294.76 million a year ago. Revenue was INR 476.22 million compared to INR 302.98 million a year ago. Net income was INR 60.59 million compared to INR 91.07 million a year ago. Basic earnings per share from continuing operations was INR 6.12 compared to INR 8.92 a year ago. Diluted earnings per share from continuing operations was INR 6.07 compared to INR 8.81 a year ago.
For the nine months, sales was INR 1,882.6 million compared to INR 1,463.72 million a year ago. Revenue was INR 1,896.56 million compared to INR 1,487.58 million a year ago. Net income was INR 296.97 million compared to INR 259.7 million a year ago. Basic earnings per share from continuing operations was INR 30.12 compared to INR 25.45 a year ago. Diluted earnings per share from continuing operations was INR 29.9 compared to INR 25.19 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 
