Artefact 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 44.04 million compared to INR 58.56 million a year ago. Revenue was INR 53.58 million compared to INR 68.25 million a year ago. Net income was INR 9.22 million compared to INR 9.14 million a year ago. Basic earnings per share from continuing operations was INR 1.27 compared to INR 1.26 a year ago. Diluted earnings per share from continuing operations was INR 1.27 compared to INR 1.26 a year ago.
For the nine months, sales was INR 129.35 million compared to INR 191.59 million a year ago. Revenue was INR 156.95 million compared to INR 217.18 million a year ago. Net income was INR 29.88 million compared to INR 27.43 million a year ago. Basic earnings per share from continuing operations was INR 4.11 compared to INR 3.77 a year ago. Diluted earnings per share from continuing operations was INR 4.11 compared to INR 3.77 a year ago.