Bharat Rasayan Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 30, 2024 at 08:46 am EDT
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Bharat Rasayan Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 3,096.2 million compared to INR 3,058.8 million a year ago. Revenue was INR 3,206 million compared to INR 3,068.2 million a year ago. Net income was INR 671.1 million compared to INR 302.5 million a year ago. Basic earnings per share from continuing operations was INR 161.51 compared to INR 72.8 a year ago. Diluted earnings per share from continuing operations was INR 161.51 compared to INR 72.8 a year ago.
For the full year, sales was INR 10,446.3 million compared to INR 12,343.4 million a year ago. Revenue was INR 10,655.3 million compared to INR 12,536.8 million a year ago. Net income was INR 955.1 million compared to INR 1,246.1 million a year ago. Basic earnings per share from continuing operations was INR 229.86 compared to INR 299.89 a year ago. Diluted earnings per share from continuing operations was INR 229.86 compared to INR 299.89 a year ago.
Bharat Rasayan Limited is an India-based company engaged in offering agriculture products. The Company is engaged in manufacturing technical grade pesticides, formulations and intermediates. The Companyâs products include Insecticides, which consists of Zeta Cypermethrin, Alphacypermethrin, Bifenthrin, Cypermethrin, Acetamiprid, Diafenthiuron, Bifnthrin, Fenvalerate, Permethrin, Thiamethoxam, Imidalcloprid and Fipronil; Herbicides, which include Chlorimuron Ethyl, Clodinafop Propargyl, Diuron, Metsulfuron Methyl, Metribuzin, Pendimethalin and Sulfosulfuron; Fungicides, which include Myclobutanil, Tebuconazole and Difenoconazole, and Intermediates, which include Meta Phenoxy Benzaldehyde, Meta Phenoxy Benzyl Alcohol, Para Chloro Benzyl Cyanide and Cypermethrin Acid Chloride. The Company's plants are located at Rohtak, Haryana and Bharuch, Gujarat. The Company's plant at Haryana, has a capacity of 4,260 metric tons (MT) per annum and also facilities for bulk packaging of formulations.
BHARAT RASAYAN LIMITED 
