Talbros Automotive Components Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 08, 2023 at 06:28 am
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Talbros Automotive Components Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 1,585.31 million compared to INR 1,483.59 million a year ago. Revenue was INR 1,596.61 million compared to INR 1,504.87 million a year ago. Net income was INR 137.38 million compared to INR 111.98 million a year ago. Basic earnings per share from continuing operations was INR 2.226 compared to INR 1.814 a year ago. Diluted earnings per share from continuing operations was INR 2.226 compared to INR 1.814 a year ago.
For the nine months, sales was INR 4,722.37 million compared to INR 4,291.94 million a year ago. Revenue was INR 4,765.13 million compared to INR 4,350.06 million a year ago. Net income was INR 386.92 million compared to INR 322.8 million a year ago. Basic earnings per share from continuing operations was INR 6.268 compared to INR 5.23 a year ago. Diluted earnings per share from continuing operations was INR 6.268 compared to INR 5.23 a year ago.
Talbros Automotive Components Limited is an India-based company that is primarily engaged in the manufacturing of automotive components. The Company offers a range of products, including multi-layer steel gasket, exhaust manifold gasket, rubber molded gasket, cylinder head gasket, gasket with electrical controls, edge molded gasket and heat shield. It also offers other products, such as kingpins, gear blanks, housing and yoke shafts, power transmission parts for hybrid and electric drive, and vehicle structural parts. Its auto component has its presence across automobile categories in two-wheelers, passenger vehicles, commercial vehicles and farm equipment. It offers manufacturing capabilities, including three-dimensional (3D) modeling, dies and tool design, and 3D design. Its gasket manufacturing facilities are located in Faridabad, Haryana; Pune, Maharashtra, and Sitarganj, Uttarakhand. Its forging manufacturing facilities are located in Bawal, Haryana.
TALBROS AUTOMOTIVE COMPONENTS LIMITED 
