Avonmore Capital & Management Services Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 223.7 million compared to INR 226.2 million a year ago. Net income was INR 31.6 million compared to INR 88.5 million a year ago. Basic earnings per share from continuing operations was INR 1.34 compared to INR 3.65 a year ago. Diluted earnings per share from continuing operations was INR 1.34 compared to INR 3.65 a year ago.
For the nine months, revenue was INR 1,890.7 million compared to INR 632.5 million a year ago. Net income was INR 1,127.1 million compared to INR 277.3 million a year ago. Basic earnings per share from continuing operations was INR 47.68 compared to INR 11.43 a year ago. Diluted earnings per share from continuing operations was INR 47.68 compared to INR 11.43 a year ago.