The Anup Engineering Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 04, 2024 at 02:38 am EDT
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The Anup Engineering 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 1,569.22 million compared to INR 1,441.74 million a year ago. Revenue was INR 1,613.34 million compared to INR 1,446.36 million a year ago. Net income was INR 430.28 million compared to INR 194.65 million a year ago. Basic earnings per share from continuing operations was INR 21.7 compared to INR 9.58 a year ago. Diluted earnings per share from continuing operations was INR 21.64 compared to INR 9.51 a year ago.
For the full year, sales was INR 5,503.85 million compared to INR 4,113.38 million a year ago. Revenue was INR 5,594.48 million compared to INR 4,125.8 million a year ago. Net income was INR 1,034.75 million compared to INR 514.3 million a year ago. Basic earnings per share from continuing operations was INR 52.2 compared to INR 26.01 a year ago. Diluted earnings per share from continuing operations was INR 51.85 compared to INR 25.84 a year ago.
The Anup Engineering Limited is an India-based company that is engaged in manufacturing and fabrication of process equipment. The Company's products include static process equipment, technology products, engineering services, dished ends and industrial centrifuges. Its static process equipment includes heat exchangers, reactors, pressure vessels, columns and towers, and custom fabrication. Its technology products include Helixchanger and EMBaffle Heat Exchanger. The Company offers a range of shell and tube heat exchangers for oil and gas, refinery, petrochemical, fertilizer, power, water and wastewater, and chemical industries. Its range of heat exchangers include evaporators, high-pressure feed water heaters, surface condensers, waste heat exchangers, multi-tube hairpin exchangers, bayonet heat exchangers, catalyst coolers, transfer line exchangers and others.