Mrs. Bectors Food Specialities Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 07, 2023 at 03:46 am EST
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Mrs. Bectors Food Specialities 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 3,678.99 million compared to INR 2,632.24 million a year ago. Revenue was INR 3,709.84 million compared to INR 2,648.51 million a year ago. Net income was INR 277.75 million compared to INR 155.1 million a year ago. Basic earnings per share from continuing operations was INR 4.72 compared to INR 2.64 a year ago. Diluted earnings per share from continuing operations was INR 4.72 compared to INR 2.64 a year ago.
For the nine months, sales was INR 10,160.6 million compared to INR 7,358.61 million a year ago. Revenue was INR 10,236.26 million compared to INR 7,406.63 million a year ago. Net income was INR 624.2 million compared to INR 469.41 million a year ago. Basic earnings per share from continuing operations was INR 10.61 compared to INR 7.98 a year ago. Diluted earnings per share from continuing operations was INR 10.61 compared to INR 7.98 a year ago.
Mrs. Bectors Food Specialities Limited is an India-based company engaged in the business of manufacturing and distribution of food products. The Company caters to both domestic and export markets. It manufactures and markets a range of biscuits, such as cookies, creams, crackers, digestives, and glucose under flagship brand Mrs. Bectorâs Cremica. The Company manufactures and sells biscuit and bakery products across 28 states and four union territories in India and exports to 69 countries in the world. Its Bourbon, Crackers and Cream filled biscuits is sold in over 23 states through 550,000 outlets. The Company also manufactures and markets bakery products in the savory and sweet categories, which include breads, buns, pizza bases and cakes under the English Oven brand. The Company's subsidiaries include Bakebest Foods Private Limited and Mrs. Bectors English Oven Limited.
MRS. BECTORS FOOD SPECIALITIES LIMITED 
