Axtel Industries 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 537.95 million compared to INR 403.7 million a year ago. Revenue was INR 545.48 million compared to INR 407.33 million a year ago. Net income was INR 95.8 million compared to INR 22.08 million a year ago. Basic earnings per share from continuing operations was INR 5.93 compared to INR 1.37 a year ago. Diluted earnings per share from continuing operations was INR 5.93 compared to INR 1.37 a year ago. Basic earnings per share was INR 5.93 compared to INR 1.37 a year ago. Diluted earnings per share was INR 5.93 compared to INR 1.37 a year ago.
For the nine months, sales was INR 1,711.75 million compared to INR 1,128.15 million a year ago. Revenue was INR 1,737.67 million compared to INR 1,142.25 million a year ago. Net income was INR 268.22 million compared to INR 62.16 million a year ago. Basic earnings per share from continuing operations was INR 16.6 compared to INR 3.85 a year ago. Diluted earnings per share from continuing operations was INR 16.6 compared to INR 3.85 a year ago. Basic earnings per share was INR 16.6 compared to INR 3.85 a year ago. Diluted earnings per share was INR 16.6 compared to INR 3.85 a year ago.