IITL Projects 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 5.81 million compared to INR 3.91 million a year ago. Revenue was INR 9.95 million compared to INR 4.06 million a year ago. Net income was INR 209.43 million compared to INR 17.5 million a year ago. Basic earnings per share from continuing operations was INR 41.96 compared to INR 3.51 a year ago. Diluted earnings per share from continuing operations was INR 41.96 compared to INR 3.51 a year ago.
For the nine months, sales was INR 16.9 million compared to INR 6.71 million a year ago. Revenue was INR 22.11 million compared to INR 7.07 million a year ago. Net income was INR 176.05 million compared to INR 2.3 million a year ago. Basic earnings per share from continuing operations was INR 35.27 compared to INR 0.46 a year ago. Diluted earnings per share from continuing operations was INR 35.27 compared to INR 0.46 a year ago.