La Opala RG Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 11, 2022 at 03:25 am EST
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La Opala RG Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 1,349.21 million compared to INR 922.85 million a year ago. Revenue was INR 1,405.94 million compared to INR 975.1 million a year ago. Net income was INR 390.66 million compared to INR 273.49 million a year ago. Basic earnings per share from continuing operations was INR 3.52 compared to INR 2.46 a year ago. Diluted earnings per share from continuing operations was INR 3.52 compared to INR 2.46 a year ago.
For the six months, sales was INR 2,170.69 million compared to INR 1,244.52 million a year ago. Revenue was INR 2,235.59 million compared to INR 1,349.03 million a year ago. Net income was INR 591.44 million compared to INR 362.08 million a year ago. Basic earnings per share from continuing operations was INR 5.33 compared to INR 3.26 a year ago. Diluted earnings per share from continuing operations was INR 5.33 compared to INR 3.26 a year ago.
La Opala RG Limited is an India-based tableware company. The Company is a manufacturer and marketer of lifestyle product in the glassware segment. The Company is engaged in the manufacture and marketing of opal glass tableware and lead crystalware products. The Company's products portfolio includes opal glassware, which includes plates, bowls, dinner sets, cup-saucer sets, coffee mugs, coffee cups, tea sets, soup sets, pudding and dessert sets, and crystal ware products comprise barware, vases, bowls and stemware. The Company's brands include La Opala, Diva, Cook Serve Store and Solitaire Crystal. La Opala is the flagship brand of the Company and provides dinner sets, plates, bowls, coffee mugs and other products. Diva offers a range of products under five collections: Classique, Ivory, Cosmo, Quadra, Sovrana, Velvett and Tea-Coffee. Its Solitaire Crystal brand offers handcrafted 24% lead crystal tumblers, beer mugs and vases.
LA OPALA RG LIMITED 
