Libas Consumer Products 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 166.84 million compared to INR 290.12 million a year ago. Revenue was INR 166.84 million compared to INR 290.33 million a year ago. Net income was INR 9.53 million compared to INR 37.4 million a year ago. Basic earnings per share from continuing operations was INR 0.43 compared to INR 1.98 a year ago. Diluted earnings per share from continuing operations was INR 0.43 compared to INR 1.98 a year ago.
For the nine months, sales was INR 589.63 million compared to INR 608.01 million a year ago. Revenue was INR 589.64 million compared to INR 608.24 million a year ago. Net income was INR 60.39 million compared to INR 82.87 million a year ago. Basic earnings per share from continuing operations was INR 2.74 compared to INR 4.38 a year ago. Diluted earnings per share from continuing operations was INR 2.74 compared to INR 4.38 a year ago.