Earnings | Borosil Limited (NSE: BOROLTD): Q4FY23 Results Out; Total Income rises 18% YoY.

Borosil Limited is a prominent supplier of laboratory glassware, microwaveable kitchenware, and opal ware in India. It offers a wide range of microwavable and flameproof kitchenware, as well as glass tumblers, which are sold through an extensive network of over 15,000 retail outlets. The company operates in two business segments: scientific and industrial products, and consumer products. It has three manufacturing facilities that cater to the production and distribution of its products. Borosil Limited has established itself as a trusted brand in the market, providing high-quality glassware and kitchenware solutions to both scientific and consumer sectors in India.

• Borosil Limited reported Total Income for Q4 FY23 of ₹264 Crore up from ₹224 Crore year on year, a growth of 18%.
• Total Expenses for Q4 FY23 of ₹235 Crore up from ₹188 Crore year on year, a growth of 25%.
• Consolidated Net Profit of ₹22 Crore, down 35% from profit of ₹34 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹1.93, down 36% from ₹3.02 in the same quarter of the previous year.