Valson Industries 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 289.7 million compared to INR 325.41 million a year ago. Revenue was INR 292.63 million compared to INR 328.51 million a year ago. Net income was INR 1.67 million compared to net loss of INR 2.53 million a year ago. Basic earnings per share from continuing operations was INR 0.22 compared to basic loss per share from continuing operations of INR 0.33 a year ago. Diluted earnings per share from continuing operations was INR 0.22 compared to diluted loss per share from continuing operations of INR 0.33 a year ago.
For the nine months, sales was INR 961 million compared to INR 973.83 million a year ago. Revenue was INR 970.19 million compared to INR 981.99 million a year ago. Net income was INR 7.98 million compared to net loss of INR 2.12 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to basic loss per share from continuing operations of INR 0.28 a year ago. Diluted earnings per share from continuing operations was INR 1.04 compared to diluted loss per share from continuing operations of INR 0.28 a year ago.