JSW Steel Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 386,780 million compared to INR 374,620 million a year ago. Revenue was INR 393,220 million compared to INR 382,250 million a year ago. Net income was INR 4,900 million compared to INR 43,570 million a year ago. Basic earnings per share from continuing operations was INR 2.04 compared to INR 18.14 a year ago. Diluted earnings per share from continuing operations was INR 2.03 compared to INR 18.02 a year ago.
For the nine months, sales was INR 1,173,000 million compared to INR 978,030 million a year ago. Revenue was INR 1,195,630 million compared to INR 1,007,740 million a year ago. Net income was INR 4,800 million compared to INR 174,310 million a year ago. Basic earnings per share from continuing operations was INR 2 compared to INR 72.47 a year ago. Diluted earnings per share from continuing operations was INR 1.98 compared to INR 72.11 a year ago.