Akash Infra-Projects 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 148.78 million compared to INR 114.77 million a year ago. Revenue was INR 149.81 million compared to INR 116.02 million a year ago. Net income was INR 2.65 million compared to net loss of INR 13.88 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 0.82 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 0.82 a year ago.
For the nine months, sales was INR 484.95 million compared to INR 380.57 million a year ago. Revenue was INR 493.95 million compared to INR 384.83 million a year ago. Net income was INR 13.74 million compared to net loss of INR 4.61 million a year ago. Basic earnings per share from continuing operations was INR 0.83 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 0.83 compared to diluted loss per share from continuing operations of INR 0.28 a year ago.