Mauria Udyog Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 14, 2023 at 05:52 pm IST
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Mauria Udyog 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 416.16 million compared to INR 568.98 million a year ago. Revenue was INR 596.45 million compared to INR 587.12 million a year ago. Net income was INR 5.23 million compared to INR 11.79 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 0.088 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to INR 0.088 a year ago.
For the nine months, sales was INR 1,677.47 million compared to INR 1,696.85 million a year ago. Revenue was INR 1,935.74 million compared to INR 1,723.83 million a year ago. Net loss was INR 75.03 million compared to INR 11.96 million a year ago. Basic loss per share from continuing operations was INR 0.56 compared to INR 0.09 a year ago. Diluted loss per share from continuing operations was INR 0.56 compared to INR 0.09 a year ago.
Mauria Udyog Limited is an India-based company, which is engaged in exporting and manufacturing of welded steel cylinders. The Company manufactures and exports liquefied petroleum gas (LPG) cylinders, valves, regulators, and related accessories. It provides disposable cylinders, which consist of DOT 39 cylinders, which includes helium cylinders, refrigerant, refrigerant cylinders, and adhesive/foam cylinders. It offers a range of LPG regulators, which include Super Safety Bull Nose Regulator With Gas Indicator, Bull Nose Regulator, Super Safety F Type Regulator With Gas Indicator, and Super Safety F Type Regulator With Push Button. The Company manufactures all types and sizes of pressure regulators for use with LPG. It also manufactures various other gas appliances such as LPG burners, cooker rings, heat shields, and cylinder guards. It provides LPG accessories, such as cylinder guard, cooker ring, high pressure cylinder guard, cooker ring cooker ring, and cooker top.