Gujarat Narmada Valley Fertilizers & Chemicals 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 26,730 million compared to INR 23,800 million a year ago. Revenue was INR 27,500 million compared to INR 24,280 million a year ago. Net income was INR 3,260 million compared to INR 5,410 million a year ago. Basic earnings per share from continuing operations was INR 21.03 compared to INR 34.9 a year ago. Diluted earnings per share from continuing operations was INR 21.03 compared to INR 34.9 a year ago.
For the nine months, sales was INR 79,560 million compared to INR 58,700 million a year ago. Revenue was INR 81,940 million compared to INR 60,190 million a year ago. Net income was INR 11,360 million compared to INR 10,670 million a year ago. Basic earnings per share from continuing operations was INR 73.29 compared to INR 68.84 a year ago. Diluted earnings per share from continuing operations was INR 73.29 compared to INR 68.84 a year ago.