Acrysil Ltd. Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
January 29, 2014 at 01:18 pm
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Acrysil Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales/income from operations of INR 252.830 million compared to INR 192.768 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 29.657 million compared to INR 22.804 million a year ago. Profit from ordinary activities before tax was INR 26.064 million compared to INR 17.594 million a year ago. Net profit for the period was INR 20.508 million compared to INR 12.715 million a year ago. Diluted EPS before and after extraordinary items was INR 4.47 compared to INR 2.85 a year ago.
For the nine months, the company reported net sales/income from operations of INR 776.737 million compared to INR 579.464 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 105.1 million compared to INR 67.667 million a year ago. Profit from ordinary activities before tax was INR 89.191 million compared to INR 54.592 million a year ago. Net profit for the period was INR 69.746 million compared to INR 42.908 million a year ago. Diluted EPS before and after extraordinary items was INR 15.50 compared to INR 9.62 a year ago.
Carysil Limited (Carysil) is an India-based company. The Company is engaged in manufacturing and trading of quartz kitchen sinks, stainless steel kitchen sinks, bath products, tiles, kitchen appliances and accessories. The Companyâs kitchen sinks products include granite kitchen sinks, green kitchen sinks, stainless steel kitchen sinks, accessories, and PVD collection. Its faucets products include faucets, and food waste disposers. Its built-in appliances include chimneys, coffee makers, cooking ranges, cooktops, dishwashers, hobs, ice makers, microwaves, wine chillers, and ovens. Its brands include Sternhagen and Carysil. The Company serves the customers in approximately 50 plus countries, including United States, United Kingdom, Germany, France, Canada, China, the Far East, and Gulf Countries. The Company's subsidiaries include Carysil Online Limited, Carysil Steel Limited, Carysil Ceramictech Limited, Carysil Gmbh, Carysil UK Limited, and others.