Kesar Petroproducts 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 205.9 million compared to INR 465.6 million a year ago. Revenue was INR 209.2 million compared to INR 468.3 million a year ago. Net income was INR 2 million compared to INR 8.4 million a year ago. Basic earnings per share was INR 0.02 compared to INR 0.09 a year ago. Diluted earnings per share was INR 0.02 compared to INR 0.09 a year ago.
For the nine months, sales was INR 887.1 million compared to INR 1,286.3 million a year ago. Revenue was INR 898.3 million compared to INR 1,300 million a year ago. Net income was INR 6.3 million compared to INR 27.9 million a year ago. Basic earnings per share was INR 0.07 compared to INR 0.29 a year ago. Diluted earnings per share was INR 0.07 compared to INR 0.29 a year ago.