Acrysil Ltd. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 28, 2013 at 08:08 am EST
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Acrysil Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales income from operations of INR 192.768 million compared to INR 142.760 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 22.804 million compared to INR 12.671 million a year ago. Profit from ordinary activities before tax was INR 17.594 million compared to INR 10.181 million a year ago. Net profit for the period was INR 12.715 million or INR 2.85 per basic and diluted share compared to INR 7.832 million or INR 1.76 per basic and diluted share a year ago.
For the nine months period, the company reported net sales income from operations of INR 579.464 million compared to INR 473.575 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 67.667 million compared to INR 61.684 million a year ago. Profit from ordinary activities before tax was INR 54.592 million compared to INR 43.861 million a year ago. Net profit for the period was INR 42.908 million or INR 9.62 per basic and diluted share compared to INR 32.520 million or INR 7.29 per basic and diluted share 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.