BITS 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 2.29 million compared to INR 2.05 million a year ago. Revenue was INR 2.34 million compared to INR 2 million a year ago. Net income was INR 23.31 million compared to net loss of INR 0.098 million a year ago. Basic earnings per share from continuing operations was INR 0.2084 compared to basic loss per share from continuing operations of INR 0.0009 a year ago. Diluted earnings per share from continuing operations was INR 0.2084 compared to diluted loss per share from continuing operations of INR 0.0009 a year ago.
For the nine months, sales was INR 6.51 million compared to INR 5.94 million a year ago. Revenue was INR 7.83 million compared to INR 8.61 million a year ago. Net income was INR 23.76 million compared to INR 1.25 million a year ago. Basic earnings per share from continuing operations was INR 0.2123 compared to INR 0.0112 a year ago. Diluted earnings per share from continuing operations was INR 0.2123 compared to INR 0.0112 a year ago.