ESAB India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 23, 2024 at 09:14 pm IST
Share
ESAB India 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 3,409.3 million compared to INR 3,016.8 million a year ago. Revenue was INR 3,422.6 million compared to INR 3,046.9 million a year ago. Net income was INR 442.5 million compared to INR 418.6 million a year ago. Basic earnings per share from continuing operations was INR 28.75 compared to INR 27.2 a year ago. Diluted earnings per share from continuing operations was INR 28.75 compared to INR 27.2 a year ago.
For the full year, sales was INR 12,433.2 million compared to INR 10,908 million a year ago. Revenue was INR 12,498.1 million compared to INR 10,986 million a year ago. Net income was INR 1,629.8 million compared to INR 1,356.8 million a year ago. Basic earnings per share from continuing operations was INR 105.9 compared to INR 88.16 a year ago. Diluted earnings per share from continuing operations was INR 105.9 compared to INR 88.16 a year ago.
ESAB India Limited is an India-based company, which is engaged in the business of fabrication technology. Its product line includes ARC welding equipment, cutting automation, filler metals, gas equipment, manual plasma cutting, PPE / safety, robotics, torches, and welding automation. Its ARC welding equipment products include engine driven welders, MIG welders (GMAW), multi-process welders, software, STICK welders (SMAW), TIG welders (GTAW), weld data monitoring, and wire feeders. Its Robotics products include cobot equipment, robotic feeders, robotic power sources, robotic torch cleaning stations, robotic torches, and others. Its Gas Equipment products include Cutting Machines, H/VAC and Plumbing, Outfits, Regulators, Safety Accessories, Straight Torches, and Wear Parts. Its Filler Metals products include MIG Wires / TIG Rods, Self-Shielded Flux-Cored Wires, and others. Its brands include Alcotec, AMI, Arcair, Conarco, Exaton, Gasarc, Losarc, Soldexa, Stoody, and Thermal Dynamics.
ESAB INDIA LIMITED 
