Excel Industries Limited Announces Audited Standalone Earnings Results for Fourth Quarter and Full Year Ended March 31, 2018 and Audited Consolidated Earnings Results for the Year Ended March 31, 2018
May 25, 2018 at 01:58 pm
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Excel Industries Limited announced audited standalone earnings results for fourth quarter and full year ended March 31, 2018 and audited consolidated earnings results for the year ended March 31, 2018. For the quarter, on stand-alone basis, the company reported total income was INR 1,832.785 million against INR 1,265.856 million a year ago. Profit from operations before exceptional items and tax was INR 517.699 million compared to INR 15.353 million a year ago. Profit before tax from continuing operations was INR 517.699 million compared to INR 15.353 million a year ago. Profit after tax from continuing operations was INR 341.051 million compared to INR 8.811 million a year ago. Profit for the period was INR 42.722 million or INR 24.14 per basic and diluted share compared to INR 73.664 million or INR 1.32 per diluted share a year ago.
For the year, on stand-alone basis, the company reported total income was INR 5,978.728 million against INR 4,970.774 million a year ago. Profit from operations before exceptional items and tax was INR 1,063.012 million compared to INR 279.439 million a year ago. Profit before tax from continuing operations was INR 1,063.012 million compared to INR 279.439 million a year ago. Profit after tax from continuing operations was INR 730.673 million compared to INR 211.337 million a year ago. Profit for the period was INR 725.404 million or INR 58.13 per basic and diluted share compared to INR 207.968 million or INR 16.75 per diluted share a year ago.
For the year, on consolidated basis, the company reported total income was INR 6,164.283 million against INR 5,137.356 million a year ago. Profit before exceptional items and tax was INR 1,069.260 million compared to INR 269.337 million a year ago. Profit before tax was INR 1,069.260 million compared to INR 269.337 million a year ago. Profit for the period was INR 738.935 million or INR 58.78 per basic and diluted share compared to INR 200.312 million or INR 15.88 per diluted share a year ago.
Excel Industries Limited is an India-based company that is engaged in chemical and environment management business. The Company is engaged in the manufacturing and selling of chemicals, and environmental and biotech products and services. Its chemicals products comprise agrochemical intermediates, specialty chemicals, pesticides intermediates, polymer additives, and pharma intermediates and active pharma ingredients. Its environmental and biotech products comprise organic waste management composting, municipal solid waste management, plastic waste management and construction and demolition waste management. The Company caters to both domestic and international markets. It is also engaged in manufacturing activity on behalf of third parties. It manufactures agrochem intermediates, such as P2S5, PSCl3, DETC, DMTC, DMPAT, and NaTCP. The Company manufactures specialty chemicals, such as acetyl chloride, specialty mining additives, phenolic and non-phenolic biocides, and phenyl hydrazine.
Excel Industries Limited Announces Audited Standalone Earnings Results for Fourth Quarter and Full Year Ended March 31, 2018 and Audited Consolidated Earnings Results for the Year Ended March 31, 2018