Lloyds Metals and Energy 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 19,105.3 million compared to INR 9,996.2 million a year ago. Revenue was INR 19,236.2 million compared to INR 10,294 million a year ago. Net income was INR 3,315 million compared to INR 2,300.3 million a year ago. Basic earnings per share from continuing operations was INR 6.57 compared to INR 5.19 a year ago. Diluted earnings per share from continuing operations was INR 6.51 compared to INR 4.95 a year ago.
For the nine months, sales was INR 49,673.6 million compared to INR 25,160.6 million a year ago. Revenue was INR 50,122.3 million compared to INR 25,710.6 million a year ago. Net income was INR 9,660 million compared to net loss of INR 5,575.8 million a year ago. Basic earnings per share from continuing operations was INR 19.14 compared to basic loss per share from continuing operations of INR 12.74 a year ago. Diluted earnings per share from continuing operations was INR 18.98 compared to diluted loss per share from continuing operations of INR 11.07 a year ago.