Kamat Hotels (India) 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 860.79 million compared to INR 838.11 million a year ago. Revenue was INR 881.26 million compared to INR 844.45 million a year ago. Net income was INR 415.74 million compared to INR 277.71 million a year ago. Basic earnings per share from continuing operations was INR 16.86 compared to INR 11.77 a year ago. Diluted earnings per share from continuing operations was INR 15.17 compared to INR 11.77 a year ago.
For the nine months, sales was INR 2,196.95 million compared to INR 2,144.8 million a year ago. Revenue was INR 2,262.43 million compared to INR 2,168.21 million a year ago. Net income was INR 427.19 million compared to INR 417.19 million a year ago. Basic earnings per share from continuing operations was INR 17.33 compared to INR 17.69 a year ago. Diluted earnings per share from continuing operations was INR 15.58 compared to INR 17.69 a year ago.