Hikal Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 4,476.3 million compared to INR 5,427.1 million a year ago. Net income was INR 161.4 million compared to INR 264.1 million a year ago. Basic earnings per share from continuing operations was INR 1.31 compared to INR 2.14 a year ago. Diluted earnings per share from continuing operations was INR 1.31 compared to INR 2.14 a year ago.
For the nine months, revenue was INR 12,724.9 million compared to INR 14,847.7 million a year ago. Net income was INR 356.3 million compared to INR 423.9 million a year ago. Basic earnings per share from continuing operations was INR 2.89 compared to INR 3.44 a year ago. Diluted earnings per share from continuing operations was INR 2.89 compared to INR 3.44 a year ago.