Graphite India 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 6,900 million compared to INR 7,010 million a year ago. Revenue was INR 7,530 million compared to INR 7,340 million a year ago. Net income was INR 180 million compared to INR 530 million a year ago. Basic earnings per share from continuing operations was INR 0.99 compared to INR 2.66 a year ago. Diluted earnings per share from continuing operations was INR 0.99 compared to INR 2.66 a year ago.
For the nine months, sales was INR 22,300 million compared to INR 23,820 million a year ago. Revenue was INR 24,620 million compared to INR 25,180 million a year ago. Net income was INR 7,920 million compared to INR 1,690 million a year ago. Basic earnings per share from continuing operations was INR 40.56 compared to INR 8.61 a year ago. Diluted earnings per share from continuing operations was INR 40.56 compared to INR 8.61 a year ago.