IEL 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 54.9 million compared to INR 59.06 million a year ago. Revenue was INR 54.92 million compared to INR 59.06 million a year ago. Net income was INR 1.11 million compared to INR 9.17 million a year ago. Basic earnings per share from continuing operations was INR 0.033 compared to INR 2.747 a year ago. Diluted earnings per share from continuing operations was INR 0.033 compared to INR 2.747 a year ago. Basic earnings per share was INR 0.033 compared to INR 2.747 a year ago. Diluted earnings per share was INR 0.033 compared to INR 2.747 a year ago.
For the nine months, sales was INR 81.36 million compared to INR 100.38 million a year ago. Revenue was INR 81.38 million compared to INR 100.39 million a year ago. Net income was INR 1.21 million compared to INR 24.08 million a year ago. Basic earnings per share from continuing operations was INR 0.036 compared to INR 7.216 a year ago. Diluted earnings per share from continuing operations was INR 0.036 compared to INR 7.216 a year ago. Basic earnings per share was INR 0.036 compared to INR 7.216 a year ago. Diluted earnings per share was INR 0.036 compared to INR 7.216 a year ago.