Manaksia Steels Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 12, 2024 at 06:44 am EST
Manaksia Steels 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 1,336.02 million compared to INR 1,558.79 million a year ago. Revenue was INR 1,372.14 million compared to INR 1,593.4 million a year ago. Net income was INR 48.11 million compared to INR 28.39 million a year ago. Basic earnings per share from continuing operations was INR 0.73 compared to INR 0.43 a year ago. Diluted earnings per share from continuing operations was INR 0.73 compared to INR 0.43 a year ago.
For the nine months, sales was INR 5,181.62 million compared to INR 5,066.27 million a year ago. Revenue was INR 6,296.04 million compared to INR 3,123.96 million a year ago. Net income was INR 238.76 million compared to INR 59.61 million a year ago. Basic earnings per share from continuing operations was INR 3.64 compared to INR 0.91 a year ago. Diluted earnings per share from continuing operations was INR 3.64 compared to INR 0.91 a year ago.