Avance Technologies 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 190.2 million compared to INR 36.71 million a year ago. Revenue was INR 190.2 million compared to INR 36.71 million a year ago. Net income was INR 19.16 million compared to INR 0.8166 million a year ago. Basic earnings per share from continuing operations was INR 0.01 compared to INR 0.004 a year ago. Diluted earnings per share from continuing operations was INR 0.01 compared to INR 0.004 a year ago.
For the nine months, sales was INR 385.41 million compared to INR 299.47 million a year ago. Revenue was INR 385.41 million compared to INR 299.47 million a year ago. Net income was INR 27.88 million compared to INR 4.73 million a year ago. Basic earnings per share from continuing operations was INR 0.014 compared to INR 0.024 a year ago. Diluted earnings per share from continuing operations was INR 0.014 compared to INR 0.024 a year ago.