Baba Arts 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 6.18 million compared to INR 89.06 million a year ago. Revenue was INR 8.59 million compared to INR 91.17 million a year ago. Net income was INR 2.67 million compared to INR 8.04 million a year ago. Basic earnings per share from continuing operations was INR 0.051 compared to INR 0.153 a year ago.
For the nine months, sales was INR 20.45 million compared to INR 131 million a year ago. Revenue was INR 27.93 million compared to INR 137.96 million a year ago. Net income was INR 6.09 million compared to INR 24.29 million a year ago. Basic earnings per share from continuing operations was INR 0.116 compared to INR 0.463 a year ago.