Cochin Minerals and Rutile 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 821.6 million compared to INR 1,190.41 million a year ago. Revenue was INR 838.39 million compared to INR 1,207.58 million a year ago. Net income was INR 100.84 million compared to INR 168.07 million a year ago. Basic earnings per share from continuing operations was INR 12.88 compared to INR 21.47 a year ago. Diluted earnings per share from continuing operations was INR 12.88 compared to INR 21.47 a year ago.
For the nine months, sales was INR 1,996.19 million compared to INR 3,360.88 million a year ago. Revenue was INR 2,023.7 million compared to INR 3,379.21 million a year ago. Net income was INR 155.17 million compared to INR 434.3 million a year ago. Basic earnings per share from continuing operations was INR 19.82 compared to INR 55.47 a year ago. Diluted earnings per share from continuing operations was INR 19.82 compared to INR 55.47 a year ago.