Kesar Petroproducts 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 408.6 million compared to INR 238.4 million a year ago. Revenue was INR 404.2 million compared to INR 209.2 million a year ago. Net income was INR 14.7 million compared to INR 2 million a year ago. Basic earnings per share from continuing operations was INR 0.15 compared to INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 0.15 compared to INR 0.02 a year ago.
For the nine months, sales was INR 1,148.4 million compared to INR 1,035.2 million a year ago. Revenue was INR 1,048.8 million compared to INR 898.3 million a year ago. Net income was INR 19.1 million compared to INR 6.3 million a year ago. Basic earnings per share from continuing operations was INR 0.2 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.2 compared to INR 0.07 a year ago.