India Gelatine & Chemicals 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 478.55 million compared to INR 563.94 million a year ago. Revenue was INR 503.94 million compared to INR 575.89 million a year ago. Net income was INR 78.11 million compared to INR 76.7 million a year ago. Basic earnings per share from continuing operations was INR 11.01 compared to INR 10.81 a year ago. Diluted earnings per share from continuing operations was INR 11.01 compared to INR 10.81 a year ago.
For the nine months, sales was INR 1,546.28 million compared to INR 1,486.51 million a year ago. Revenue was INR 1,612.15 million compared to INR 1,509.05 million a year ago. Net income was INR 233.68 million compared to INR 145.93 million a year ago. Basic earnings per share from continuing operations was INR 32.95 compared to INR 20.58 a year ago. Diluted earnings per share from continuing operations was INR 32.95 compared to INR 20.58 a year ago.