Tarsons Products Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 05, 2022 at 06:24 am
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Tarsons Products Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 712.49 million compared to INR 760.44 million a year ago. Revenue was INR 749.62 million compared to INR 774.9 million a year ago. Net income was INR 214.63 million compared to INR 248.96 million a year ago. Basic earnings per share from continuing operations was INR 4.03 compared to INR 4.89 a year ago. Diluted earnings per share from continuing operations was INR 4.03 compared to INR 4.89 a year ago.
For the six months, sales was INR 1,398.77 million compared to INR 1,451.94 million a year ago. Revenue was INR 1,462.84 million compared to INR 1,486.17 million a year ago. Net income was INR 417.73 million compared to INR 497.31 million a year ago. Basic earnings per share from continuing operations was INR 7.85 compared to INR 9.77 a year ago. Diluted earnings per share from continuing operations was INR 7.85 compared to INR 9.77 a year ago.
Tarsons Products Limited is an India-based labware company. The Company is engaged in designing, development, manufacturing and marketing of consumables, reusables and others including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies contract research organizations (CROs), diagnostic companies and hospitals. The Company is also engaged in the manufacturing of range a of labware products which helps scientific discovery and improve healthcare. The Company has developed a diverse range of labware products under the categories: consumables, reusables and others. The Company's consumables products include pipette tips, centrifuge ware, petri dishes, cryo ware and storage vials. Its reusable products include bottles and carboys, beakers, cylinders and racks. Its other products include centrifuge, vortex, and pipettors.