Rossari Biotech Limited Reports Earnings Results for the Third Quarter Ended December 30, 2020
January 23, 2021 at 12:57 pm IST
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Rossari Biotech Limited announced earnings results for the third quarter ended December 30, 2020. For the third quarter, the company announced total revenue was INR 2,107.4 million compared to INR 1,624.67 million a year ago. Operating income was INR 277.64 million compared to INR 249.03 million a year ago. Net income was INR 216.01 million compared to INR 182.54 million a year ago. Basic earnings per share from continuing operations was INR 4.16 compared to INR 3.77 a year ago. Diluted earnings per share from continuing operations was INR 4.11 compared to INR 3.72 a year ago. For the nine months, total revenue was INR 4,974.3 million compared to INR 4,422.33 million a year ago. Operating income was INR 765.2 million compared to INR 880.59 million a year ago. Net income was INR 577.93 million compared to INR 501.54 million a year ago. Basic earnings per share from continuing operations was INR 11.24 compared to INR 10.36 a year ago. Diluted earnings per share from continuing operations was INR 11.12 compared to INR 10.21 a year ago.
Rossari Biotech Limited is an India-based company. The Company is engaged in manufacturing, selling and distribution of specialty chemicals. The products cater to global brands in the FMCG sector and find applications in a host of consumer centric products and home and personal care products, textile chemicals, animal health and nutrition and cosmetic products. It operates through three segments: Home, Personal Care and Performance Chemicals (HPPC), Textile Specialty Chemicals (TSC), and Animal Health and Nutrition (AHN). HPPC produces acrylic polymers, manufacturing a sustainable range of products for various applications in the cleaning industry. TSC is focused on providing customers with eco-friendly, sustainable chemical solutions. It provides solutions for pre-treatment, dyeing and printing, finishing, and specialty chemicals for the entire value chain of the textile industry. AHN provides wellness solutions for pet animals and poultry, focusing on their health and performance.
ROSSARI BIOTECH LIMITED 
