Cosyn 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 32.9 million compared to INR 33.89 million a year ago. Revenue was INR 33.43 million compared to INR 34.54 million a year ago. Net income was INR 0.235 million compared to net loss of INR 3.43 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to basic loss per share from continuing operations of INR 0.46 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to diluted loss per share from continuing operations of INR 0.46 a year ago.
For the nine months, sales was INR 114.3 million compared to INR 116.86 million a year ago. Revenue was INR 115.88 million compared to INR 118.72 million a year ago. Net income was INR 2.51 million compared to net loss of INR 15.25 million a year ago. Basic earnings per share from continuing operations was INR 0.33 compared to basic loss per share from continuing operations of INR 2.03 a year ago. Diluted earnings per share from continuing operations was INR 0.33 compared to diluted loss per share from continuing operations of INR 2.03 a year ago.