IFB 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 11,608.3 million compared to INR 9,991.6 million a year ago. Revenue was INR 11,679 million compared to INR 10,032 million a year ago. Net income was INR 174.5 million compared to net loss of INR 11.4 million a year ago. Basic earnings per share from continuing operations was INR 4.31 compared to basic loss per share from continuing operations of INR 0.28 a year ago. Diluted earnings per share from continuing operations was INR 4.31 compared to diluted loss per share from continuing operations of INR 0.28 a year ago.
For the nine months, sales was INR 33,476.4 million compared to INR 31,848.4 million a year ago. Revenue was INR 33,685.7 million compared to INR 31,963 million a year ago. Net income was INR 383.6 million compared to INR 248.8 million a year ago. Basic earnings per share from continuing operations was INR 9.47 compared to INR 6.14 a year ago. Diluted earnings per share from continuing operations was INR 9.47 compared to INR 6.14 a year ago.