IFCI 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 89.2 million compared to INR 134.1 million a year ago. Revenue was INR 4,699 million compared to INR 3,504.4 million a year ago. Net income was INR 179.1 million compared to INR 922.1 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to INR 0.42 a year ago.
For the nine months, sales was INR 261.3 million compared to INR 361.1 million a year ago. Revenue was INR 14,063 million compared to INR 10,923.8 million a year ago. Net loss was INR 296.7 million compared to net income of INR 470.8 million a year ago. Basic loss per share from continuing operations was INR 0.12 compared to basic earnings per share from continuing operations of INR 0.21 a year ago. Diluted loss per share from continuing operations was INR 0.12 compared to diluted earnings per share from continuing operations of INR 0.21 a year ago.