Carysil Limited Reports Earnings Results for the First Quarter Ended June 30, 2023
August 11, 2023 at 06:24 am EDT
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Carysil Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,416.73 million compared to INR 1,713.14 million a year ago. Revenue was INR 1,429.23 million compared to INR 1,714.44 million a year ago.
Net income was INR 115.76 million compared to INR 186.9 million a year ago. Basic earnings per share from continuing operations was INR 4.32 compared to INR 7 a year ago. Diluted earnings per share from continuing operations was INR 4.31 compared to INR 6.94 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.