Magadh Sugar & 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 2,185.35 million compared to INR 2,097.21 million a year ago. Revenue was INR 2,192.12 million compared to INR 2,099.77 million a year ago. Net income was INR 389.09 million compared to INR 218.23 million a year ago. Basic earnings per share from continuing operations was INR 27.61 compared to INR 15.48 a year ago. Diluted earnings per share from continuing operations was INR 27.61 compared to INR 15.48 a year ago.
For the nine months, sales was INR 8,084.57 million compared to INR 6,548.68 million a year ago. Revenue was INR 8,096.72 million compared to INR 6,558.41 million a year ago. Net income was INR 695.3 million compared to INR 152.11 million a year ago. Basic earnings per share from continuing operations was INR 49.34 compared to INR 10.79 a year ago. Diluted earnings per share from continuing operations was INR 49.34 compared to INR 10.79 a year ago.