20 Microns Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 17, 2024 at 07:13 am
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20 Microns 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 2,123.43 million compared to INR 1,732.84 million a year ago. Revenue was INR 2,134.35 million compared to INR 1,737.54 million a year ago. Net income was INR 136.44 million compared to INR 93.02 million a year ago. Basic earnings per share from continuing operations was INR 3.87 compared to INR 2.64 a year ago. Diluted earnings per share from continuing operations was INR 3.87 compared to INR 2.64 a year ago.
For the full year, sales was INR 7,774.93 million compared to INR 7,016.87 million a year ago. Revenue was INR 7,815.58 million compared to INR 7,046.21 million a year ago. Net income was INR 560.7 million compared to INR 418.19 million a year ago. Basic earnings per share from continuing operations was INR 15.89 compared to INR 11.85 a year ago. Diluted earnings per share from continuing operations was INR 15.89 compared to INR 11.85 a year ago.
20 Microns Limited is an India-based company, which is engaged in business of industrial micronized minerals and specialty chemicals. The Company is the producer of white minerals. Its product portfolio includes industrial minerals, and functional additives and specialties. Its industrial minerals include Ground Calcium Carbonate, Dolomite, Hydrous Kaolin, Calcined Kaolin, Talc, Natural Barytes, Silica / Quartz, Muscovite Mica, Feldspar / Nepheline Syenite, Diatomaceous and Siliceous Earth, among others. Its functional additives and specialties include White Pigment Opacifier, Synthetic Barium Sulphate, Micronized Wax, Antiblocking Additives, Matting Agents, Rheological Additives, Inorganic Thickners, Flame Retardants, Calcium Oxide Desiccant and Activators for Rubber, among others. Its products have applications in functional filler and extenders across a range of industries, such as paints, plastic, rubber, textiles, cosmetics, ceramics and agrochemicals, among others.
20 MICRONS LIMITED 
