BCL Industries Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 10, 2023 at 07:48 am
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BCL Industries Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 4,807.1 million compared to INR 4,524.06 million a year ago. Revenue was INR 4,827.33 million compared to INR 4,552.48 million a year ago. Net income was INR 179.61 million compared to INR 8.04 million a year ago. Basic earnings per share from continuing operations was INR 0.723 compared to INR 0.034 a year ago. Diluted earnings per share from continuing operations was INR 0.699 compared to INR 0.034 a year ago.
For the six months, sales was INR 9,093.78 million compared to INR 8,272.89 million a year ago. Revenue was INR 9,132.1 million compared to INR 8,333.02 million a year ago. Net income was INR 365.78 million compared to INR 185.71 million a year ago. Basic earnings per share from continuing operations was INR 1.494 compared to INR 0.701 a year ago. Diluted earnings per share from continuing operations was INR 1.437 compared to INR 0.701 a year ago.
BCL Industries Limited is an India-based company, which is engaged in the manufacturing of Edible Oils, Distillery and Real Estate. Its segments include Oil & Vanaspati, Distillery and Real Estate. The Oil & Vanaspati segment is engaged in manufacturing of vanaspati, refined oil, and extraction of oil & solvents from seeds. The Distillery segment includes production and marketing operations of the liquor for human consumption. The Real Estate segment includes the construction of a residential house. The Companyâs product basket includes Vanaspati Ghee, Refined Oil, Expelling Oil from seeds, Solvent Extraction of Oils from seeds, De-oiled cakes, Basmati, and Para-boiled rice. The Company offers its products under the brand Home Cook, Murli, White Gold, Royal Patiala Whisky, Old Professor Whisky, Ceros Rum, Rangers Barrel, Bang Bang and On The Rocks. Its Real Estate project includes Ganpati Enclave and DD Mittal Towers. The Companyâs subsidiary includes Svaksha Distillery Limited.