Kanoria Energy & Infrastructure 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 764.23 million compared to INR 687.51 million a year ago. Revenue was INR 765.69 million compared to INR 688.31 million a year ago. Net income was INR 14.4 million compared to INR 42.54 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.5 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 0.5 a year ago.
For the nine months, sales was INR 2,708.9 million compared to INR 2,234.35 million a year ago. Revenue was INR 2,711.68 million compared to INR 2,238.72 million a year ago. Net income was INR 77.88 million compared to INR 99.01 million a year ago. Basic earnings per share from continuing operations was INR 0.91 compared to INR 1.16 a year ago. Diluted earnings per share from continuing operations was INR 0.91 compared to INR 1.16 a year ago.