BCL Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021
January 28, 2022 at 11:28 am
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BCL Industries 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 5,634.13 million compared to INR 3,978.49 million a year ago. Revenue was INR 5,666 million compared to INR 4,014.65 million a year ago. Net income was INR 241.53 million compared to INR 101.07 million a year ago. Basic earnings per share from continuing operations was INR 9.99 compared to INR 4.17 a year ago. Diluted earnings per share from continuing operations was INR 9.99 compared to INR 4.17 a year ago.
For the nine months, sales was INR 14,735.31 million compared to INR 9,977.08 million a year ago. Revenue was INR 14,829.99 million compared to INR 10,048.17 million a year ago. Net income was INR 619.93 million compared to INR 288.59 million a year ago. Basic earnings per share from continuing operations was INR 25.64 compared to INR 13.18 a year ago. Diluted earnings per share from continuing operations was INR 25.64 compared to INR 13.18 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.