Bajaj Steel 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 1,258.64 million compared to INR 1,610.94 million a year ago. Revenue was INR 1,271.32 million compared to INR 1,626.62 million a year ago. Net income was INR 100.47 million compared to INR 211.66 million a year ago. Basic earnings per share from continuing operations was INR 19.42 compared to INR 40.8 a year ago. Diluted earnings per share from continuing operations was INR 19.42 compared to INR 40.8 a year ago.
For the nine months, sales was INR 3,770.75 million compared to INR 4,121.43 million a year ago. Revenue was INR 3,804.9 million compared to INR 4,169.85 million a year ago. Net income was INR 364.63 million compared to INR 504.13 million a year ago. Basic earnings per share from continuing operations was INR 70.44 compared to INR 97.11 a year ago. Diluted earnings per share from continuing operations was INR 70.44 compared to INR 97.11 a year ago.