EPACK Durable Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 28, 2024 at 10:16 am
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EPACK Durable 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 5,257 million compared to INR 6,390.81 million a year ago. Revenue was INR 5,312.49 million compared to INR 6,417.29 million a year ago. Net income was INR 278.27 million compared to INR 333.49 million a year ago. Basic earnings per share from continuing operations was INR 3.08 compared to INR 4.91 a year ago. Diluted earnings per share from continuing operations was INR 3.08 compared to INR 4.45 a year ago.
For the full year, sales was INR 14,195.58 million compared to INR 15,388.32 million a year ago. Revenue was INR 14,285.06 million compared to INR 15,402.53 million a year ago. Net income was INR 353.73 million compared to INR 319.72 million a year ago. Basic earnings per share from continuing operations was INR 4.35 compared to INR 4.71 a year ago. Diluted earnings per share from continuing operations was INR 4.35 compared to INR 4.64 a year ago.
Epack Durable Limited is engaged in designing and manufacturing complete room air conditioners (RAC), induction cooktops, mixer-grinders, and water dispensers. It manufactures heat exchangers, cross flow fans, axial fans, sheet metal press parts, injection molded components, copper fabricated products, PCBAs, universal motors and induction coils for captive consumption, as well as part of its product offerings to its customers. It is engaged in the manufacturing of consumer durable products and is primarily operating in India. It provides complete RACs, comprising window air conditioners, including window inverter air conditioners, indoor units and outdoor units with specifications ranging from 0.75 tons to 2 tons, across a range of energy ratings and types of refrigerants. It also manufactures split inverter air conditioners. It also manufactures white goods components for reputed brands. It has manufacturing facilities situated at Dehradun, Uttarakhand and Bhiwadi, Rajasthan.