Forbes & Company 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 721.3 million compared to INR 607.5 million a year ago. Revenue was INR 742.7 million compared to INR 680.9 million a year ago. Net income was INR 108.3 million compared to net loss of INR 40.8 million a year ago. Basic earnings per share from continuing operations was INR 8.51 compared to basic loss per share from continuing operations of INR 3.22 a year ago. Diluted earnings per share from continuing operations was INR 8.51 compared to diluted loss per share from continuing operations of INR 3.22 a year ago. Basic earnings per share was INR 8.51 compared to basic loss per share of INR 3.2 a year ago. Diluted earnings per share was INR 8.51 compared to diluted loss per share of INR 3.2 a year ago.
For the nine months, sales was INR 2,011 million compared to INR 1,910.5 million a year ago. Revenue was INR 2,246.7 million compared to INR 4,040.3 million a year ago. Net income was INR 110.7 million compared to INR 1,817.2 million a year ago. Basic earnings per share from continuing operations was INR 27.07 compared to INR 152.9 a year ago. Diluted earnings per share from continuing operations was INR 27.07 compared to INR 152.9 a year ago. Basic earnings per share was INR 8.7 compared to INR 142.62 a year ago. Diluted earnings per share was INR 8.7 compared to INR 142.62 a year ago.