Dhanuka Agritech Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 25, 2023 at 08:47 am
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Dhanuka Agritech Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 3,712.3 million compared to INR 3,182.95 million a year ago. Revenue was INR 3,859.7 million compared to INR 3,304.88 million a year ago. Net income was INR 653.04 million compared to INR 544.03 million a year ago. Basic earnings per share from continuing operations was INR 14.24 compared to INR 11.68 a year ago. Diluted earnings per share from continuing operations was INR 14.24 compared to INR 11.68 a year ago.
For the full year, sales was INR 17,002.2 million compared to INR 14,777.75 million a year ago. Revenue was INR 17,449.76 million compared to INR 15,113.62 million a year ago. Net income was INR 2,335.02 million compared to INR 2,088.95 million a year ago. Basic earnings per share from continuing operations was INR 50.35 compared to INR 44.85 a year ago. Diluted earnings per share from continuing operations was INR 50.35 compared to INR 44.85 a year ago.
Dhanuka Agritech Limited is an India-based agro chemical company. The Company is engaged into the business of manufacturing of pesticides for farmers of India. Its product categories include herbicides, fungicides, insecticides, and plant-growth-regulators. Its herbicides products include TARGA SUPER, NABOOD, SAKURA, DHANUTOP, WEEDMAR SUPER, NOWEED, BARRIER and OZONE. Its fungicides products include LUSTRE, GODIWA SUPER, Vitavax, VITAVAX POWER and HEXADHAN PLUS. Its insecticides products include FOSTER, CALDAN 4 G, CALDAN 50 SP, FAX SC, APPLE, AREVA SUPER, MARKAR and MEDIA SUPER. Its plant growth regulators include WETCIT, SUELO, DHANVARSHA and DHANZYME GOLD GRANULES. The Companyâs distribution network consists of around 6,500 distributors and 80,000 retailers, The Company has three manufacturing units situated at Sanand (Gujarat), Keshwana (Rajasthan) and Udhampur (J&K). The Company's subsidiaries include Dhanuka Agri-solutions Private Limited and Dhanuka Chemicals Private Limited.
DHANUKA AGRITECH LIMITED 
