Basant Agro Tech Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2022
May 27, 2022 at 06:18 pm IST
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Basant Agro Tech (India) Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 1,420.99 million compared to INR 824.81 million a year ago. Revenue was INR 1,421.35 million compared to INR 825.13 million a year ago. Net income was INR 78.01 million compared to INR 41.86 million a year ago. Basic earnings per share from continuing operations was INR 0.86 compared to INR 0.46 a year ago. Diluted earnings per share from continuing operations was INR 0.86 compared to INR 0.46 a year ago.
For the full year, the company reported sales was INR 3,229.750 million compared to INR 4,481.563 million a year ago. Revenue was INR 3,231.445 million compared to INR 4,483.347 million a year ago. Net income was INR 91.554 million compared to INR 189.937 million a year ago. Basic earnings per share from continuing operations was INR 1.01 compared to INR 2.09 a year ago. Diluted earnings per share from continuing operations was INR 1.01 compared to INR 2.09 a year ago.
Basant Agro Tech (India) Limited is an India-based company, which is engaged in manufacturing of various farm inputs in India comprising of nitrogen phosphorus and potassium (NPK) mixture granulated fertilizers, phosphatic fertilizer as well as various hybrid seeds. It also engaged in business of generating power through Wind Turbine and operating and maintaining warehousing and cold storage facilities. The Company's segment includes Seeds, Fertilizers, LABSA and Others. Its Fertilizers segment includes NPK fertilizers and single super phosphate (SSP) fertilizers. Its Seeds segment offers seeds for vegetables, such as bitter gourd, bottle gourd, brinjal, cluster bean, coriander, cowpea and more; field crops, such as hybrid maize, black and green grams, paddy, wheat, hybrid sorghum and more; and oil seeds, such as mustard, hybrid cotton, ground nut, soybean and sunflower. The Companyâs production facilities are located in different states like Maharashtra, Karnataka, and Madhya Pradesh.
BASANT AGRO TECH (INDIA) LIMITED 