Aarvi Encon 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 1,109.36 million compared to INR 736.87 million a year ago. Revenue was INR 1,112.79 million compared to INR 740.42 million a year ago. Net income was INR 26.52 million compared to INR 38.16 million a year ago. Basic earnings per share from continuing operations was INR 1.79 compared to INR 2.58 a year ago.
For the nine months, sales was INR 3,302.25 million compared to INR 1,975.59 million a year ago. Revenue was INR 3,312.66 million compared to INR 1,984.57 million a year ago. Net income was INR 110.59 million compared to INR 94.05 million a year ago. Basic earnings per share from continuing operations was INR 7.48 compared to INR 6.36 a year ago.