Avadh Sugar & Energy 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 5,941.1 million compared to INR 6,745.48 million a year ago. Revenue was INR 5,947.89 million compared to INR 6,764.43 million a year ago. Net income was INR 217.83 million compared to INR 177.36 million a year ago. Basic earnings per share from continuing operations was INR 10.89 compared to INR 8.86 a year ago. Diluted earnings per share from continuing operations was INR 10.89 compared to INR 8.86 a year ago.
For the nine months, sales was INR 20,737.12 million compared to INR 19,518.05 million a year ago. Revenue was INR 20,758.32 million compared to INR 19,591.94 million a year ago. Net income was INR 728.19 million compared to INR 211.46 million a year ago. Basic earnings per share from continuing operations was INR 36.38 compared to INR 10.56 a year ago. Diluted earnings per share from continuing operations was INR 36.38 compared to INR 10.56 a year ago.