Axel Polymers 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 177.36 million compared to INR 125.86 million a year ago. Revenue was INR 177.62 million compared to INR 126.71 million a year ago. Net income was INR 2.67 million compared to INR 2.03 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to INR 0.24 a year ago.
For the nine months, sales was INR 580.07 million compared to INR 487.33 million a year ago. Revenue was INR 581.59 million compared to INR 488.73 million a year ago. Net income was INR 7.75 million compared to INR 6.66 million a year ago. Basic earnings per share from continuing operations was INR 0.91 compared to INR 0.78 a year ago.