Gujarat Hotels 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 10.86 million compared to INR 8.13 million a year ago. Revenue was INR 16.57 million compared to INR 11.16 million a year ago. Net income was INR 11.73 million compared to INR 7.57 million a year ago. Basic earnings per share from continuing operations was INR 3.1 compared to INR 2 a year ago. Diluted earnings per share from continuing operations was INR 3.1 compared to INR 2 a year ago.
For the nine months, sales was INR 25.67 million compared to INR 15.65 million a year ago. Revenue was INR 38.9 million compared to INR 26.46 million a year ago. Net income was INR 30.08 million compared to INR 20.01 million a year ago. Basic earnings per share from continuing operations was INR 7.94 compared to INR 5.28 a year ago. Diluted earnings per share from continuing operations was INR 7.94 compared to INR 5.28 a year ago.