Jindal Stainless (Hisar) 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 42,852.7 million compared to INR 41,734.3 million a year ago. Revenue was INR 43,221 million compared to INR 42,035.6 million a year ago. Net income was INR 3,443.3 million compared to INR 5,136.8 million a year ago. Basic earnings per share from continuing operations was INR 14.59 compared to INR 21.77 a year ago. Diluted earnings per share from continuing operations was INR 14.59 compared to INR 21.77 a year ago.
For the nine months, sales was INR 116,652.5 million compared to INR 106,929.9 million a year ago. Revenue was INR 117,607.9 million compared to INR 107,800.4 million a year ago. Net income was INR 9,057.5 million compared to INR 13,692.1 million a year ago. Basic earnings per share from continuing operations was INR 38.39 compared to INR 58.03 a year ago. Diluted earnings per share from continuing operations was INR 38.39 compared to INR 58.03 a year ago.