Ratnamani Metals & Tubes Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 12,572.57 million compared to INR 10,987.06 million a year ago. Revenue was INR 12,724.68 million compared to INR 35,977.96 million a year ago. Net income was INR 1,328.74 million compared to INR 1,333.2 million a year ago. Basic earnings per share from continuing operations was INR 18.94 compared to INR 19.13 a year ago. Diluted earnings per share from continuing operations was INR 18.94 compared to INR 19.13 a year ago.
For the nine months, sales was INR 35,633.91 million compared to INR 29,753.27 million a year ago. Revenue was INR 30,014.51 million compared to INR 45,070.81 million a year ago. Net income was INR 4,306.24 million compared to INR 3,189.31 million a year ago. Basic earnings per share from continuing operations was INR 61.63 compared to INR 45.62 a year ago. Diluted earnings per share from continuing operations was INR 61.63 compared to INR 45.62 a year ago.