The Anup Engineering Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 12, 2024 at 01:55 am EST
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The Anup Engineering 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 1,284.01 million compared to INR 1,144.22 million a year ago. Revenue was INR 1,310.01 million compared to INR 1,145.85 million a year ago. Net income was INR 201.68 million compared to INR 138.79 million a year ago. Basic earnings per share from continuing operations was INR 10.175 compared to INR 7.28 a year ago. Diluted earnings per share from continuing operations was INR 10.05 compared to INR 7.245 a year ago.
For the nine months, sales was INR 3,934.62 million compared to INR 2,671.64 million a year ago. Revenue was INR 3,981.14 million compared to INR 2,679.45 million a year ago. Net income was INR 604.48 million compared to INR 319.65 million 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.