Bazel International Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 12.85 million compared to INR 6.49 million a year ago. Net income was INR 8.59 million compared to INR 1.35 million a year ago. Basic earnings per share from continuing operations was INR 4.4 compared to INR 0.93 a year ago. Diluted earnings per share from continuing operations was INR 4.4 compared to INR 0.93 a year ago.
For the nine months, revenue was INR 38.03 million compared to INR 12.07 million a year ago. Net loss was INR 18.49 million compared to net income of INR 2.8 million a year ago. Basic loss per share from continuing operations was INR 9.02 compared to basic earnings per share from continuing operations of INR 1.92 a year ago. Diluted loss per share from continuing operations was INR 9.02 compared to diluted earnings per share from continuing operations of INR 1.92 a year ago.