Hisar Metal Industries 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 532.4 million compared to INR 595.7 million a year ago. Revenue was INR 532.9 million compared to INR 594 million a year ago. Net income was INR 15.3 million compared to INR 24.1 million a year ago. Basic earnings per share from continuing operations was INR 2.83 compared to INR 4.46 a year ago.
For the nine months, sales was INR 1,806.6 million compared to INR 2,174.7 million a year ago. Revenue was INR 1,809.4 million compared to INR 2,174.8 million a year ago. Net income was INR 54.1 million compared to INR 99.1 million a year ago. Basic earnings per share from continuing operations was INR 10.02 compared to INR 18.35 a year ago.