Ashapura Minechem 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 7,131.04 million compared to INR 5,350.72 million a year ago. Revenue was INR 7,190.04 million compared to INR 5,550.62 million a year ago. Net income was INR 563.52 million compared to INR 327.64 million a year ago. Basic earnings per share from continuing operations was INR 6.16 compared to INR 3.58 a year ago. Diluted earnings per share from continuing operations was INR 5.83 compared to INR 3.58 a year ago.
For the nine months, sales was INR 22,851.33 million compared to INR 11,346.48 million a year ago. Revenue was INR 23,449.46 million compared to INR 11,988.97 million a year ago. Net income was INR 2,184.87 million compared to INR 770.5 million a year ago. Basic earnings per share from continuing operations was INR 23.88 compared to INR 8.42 a year ago. Diluted earnings per share from continuing operations was INR 23.21 compared to INR 8.42 a year ago.