Kalyani Steels 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 4,797.55 million compared to INR 4,465.26 million a year ago. Revenue was INR 4,919.97 million compared to INR 4,627.01 million a year ago. Net income was INR 653.31 million compared to INR 390.76 million a year ago. Basic earnings per share from continuing operations was INR 14.97 compared to INR 8.96 a year ago. Diluted earnings per share from continuing operations was INR 14.97 compared to INR 8.96 a year ago.
For the nine months, sales was INR 14,566.66 million compared to INR 14,397.79 million a year ago. Revenue was INR 14,904.33 million compared to INR 14,813.77 million a year ago. Net income was INR 1,849.05 million compared to INR 973.27 million a year ago. Basic earnings per share from continuing operations was INR 42.36 compared to INR 22.3 a year ago. Diluted earnings per share from continuing operations was INR 42.36 compared to INR 22.3 a year ago.