JK Paper 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 17,062.2 million compared to INR 16,430.6 million a year ago. Revenue was INR 17,623.2 million compared to INR 16,920.6 million a year ago. Net income was INR 2,351.1 million compared to INR 3,293.2 million a year ago. Basic earnings per share from continuing operations was INR 13.88 compared to INR 19.44 a year ago. Diluted earnings per share from continuing operations was INR 13.88 compared to INR 19.44 a year ago.
For the nine months, sales was INR 49,406.2 million compared to INR 47,173.9 million a year ago. Revenue was INR 5,110,330 million compared to INR 48,490.1 million a year ago. Net income was INR 8,461.3 million compared to INR 9,155.3 million a year ago. Basic earnings per share from continuing operations was INR 49.95 compared to INR 54.04 a year ago. Diluted earnings per share from continuing operations was INR 49.95 compared to INR 54.04 a year ago.