Himatsingka Seide 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 7,233.1 million compared to INR 7,367.8 million a year ago. Revenue was INR 7,251 million compared to INR 7,500.4 million a year ago. Net income was INR 311.6 million compared to INR 22 million a year ago. Basic earnings per share from continuing operations was INR 3.16 compared to INR 0.22 a year ago. Diluted earnings per share from continuing operations was INR 3.11 compared to INR 0.22 a year ago.
For the nine months, sales was INR 21,445.9 million compared to INR 19,880.9 million a year ago. Revenue was INR 21,597.9 million compared to INR 20,687.4 million a year ago. Net income was INR 890.9 million compared to net loss of INR 864.2 million a year ago. Basic earnings per share from continuing operations was INR 9.05 compared to basic loss per share from continuing operations of INR 8.78 a year ago. Diluted earnings per share from continuing operations was INR 8.87 compared to diluted loss per share from continuing operations of INR 8.78 a year ago.