Borosil Renewables Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2021
May 12, 2021 at 06:12 am
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Borosil Renewables Limited announced earnings results for the fourth quarter ended March 31, 2021. For the fourth quarter, the company announced total revenue was INR 1,969.04 million compared to INR 952.908 million a year ago. Net income was INR 668.747 million compared to INR 40.53 million a year ago. Basic earnings per share from continuing operations was INR 5.15 compared to INR 0.36 a year ago. For the full year, total revenue was INR 5,076.356 million compared to INR 2,747.609 million a year ago. Net income was INR 896.445 million compared to INR 4.528 million a year ago. Basic earnings per share from continuing operations was INR 7.56 compared to INR 0.04 a year ago.
Borosil Renewables Limited is an India-based company, which is engaged in manufacturing of low iron textured solar glass for application in photovoltaic panels, flat plate collectors and green houses. Its products, such as Selene, is an anti-glare solar glass suitable for PV installations near airports and Shakti, is a solar glass in matt-matt finish, low iron textured solar glass, 2 mm fully tempered solar glass, Nosbera, antimony-free solar glass, solar glass with anti-reflective coating, and solar glass with anti-soiling coating. It also manufactures specialty glasses. The Company, through its brand BOROSIL, manufactures a range of lab ware, scientific ware, and consumer ware products. Its present solar glass manufacturing capacity is 450 tons per day (TPD). The Company's subsidiaries include Geosphere Glassworks GmbH, Laxman AG, GMB Glasmanufaktur Brandenburg GmbH, and Interfloat Corporation.
BOROSIL RENEWABLES LIMITED 
