Graphite India 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 7,010 million compared to INR 8,800 million a year ago. Revenue was INR 7,340 million compared to INR 9,460 million a year ago. Net income was INR 530 million compared to INR 1,320 million a year ago. Basic earnings per share from continuing operations was INR 2.66 compared to INR 6.75 a year ago. Diluted earnings per share from continuing operations was INR 2.66 compared to INR 6.75 a year ago.
For the nine months, sales was INR 23,820 million compared to INR 21,820 million a year ago. Revenue was INR 25,180 million compared to INR 24,050 million a year ago. Net income was INR 1,690 million compared to INR 4,100 million a year ago. Basic earnings per share from continuing operations was INR 8.61 compared to INR 21 a year ago. Diluted earnings per share from continuing operations was INR 8.61 compared to INR 21 a year ago.