Control Print Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 22, 2024 at 12:47 pm
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Control Print 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 886.26 million compared to INR 780.49 million a year ago. Revenue was INR 889.9 million compared to INR 790.39 million a year ago. Net income was INR 134.49 million compared to INR 134.85 million a year ago. Basic earnings per share from continuing operations was INR 8.41 compared to INR 8.26 a year ago. Diluted earnings per share from continuing operations was INR 8.41 compared to INR 8.26 a year ago.
For the nine months, sales was INR 2,586.66 million compared to INR 2,158.17 million a year ago. Revenue was INR 2,615.99 million compared to INR 2,179.78 million a year ago. Net income was INR 420.46 million compared to INR 368.42 million a year ago. Basic earnings per share from continuing operations was INR 25.96 compared to INR 22.56 a year ago. Diluted earnings per share from continuing operations was INR 25.96 compared to INR 22.56 a year ago.
Control Print Limited is an India-based company. The Company is engaged in manufacturing and supplying of coding and marking machines, its related consumables, and surgical / N95 Masks. Its products include continuous inkjet printer, high-resolution printer, thermal inkjet printer, thermal transfer over printer, laser printer, large character printer, consumables, surgical face mask, and N95 / FFP2 / IS 9473 Mask. The Company serves industries, such as Agrochemicals and Seeds, Automotive, Beverages, Building and Construction Material, Cable and Wire, Cement, Chemicals and Lubricants, Electronics, Food, FMCG, Healthcare, Packaging and Packaging Materials, Pipes and Extruded Plastics, Plywood, Rubber and Tyers, and Steel and Metal. It also produces coding and marking related consumables such as fluid ink, ink ribbons, and other essential supplies. Its subsidiaries include Liberty Chemicals Private Limited, Innovative Coding (India) Private Limited, and Control Print B. V., Netherlands.