Manali Petrochemicals 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 2,047.5 million compared to INR 2,377 million a year ago. Revenue was INR 2,124.7 million compared to INR 2,442 million a year ago. Net income was INR 29.4 million compared to INR 31.5 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.18 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 0.18 a year ago.
For the nine months, sales was INR 7,760.7 million compared to INR 8,477.8 million a year ago. Revenue was INR 7,988.8 million compared to INR 8,663.7 million a year ago. Net income was INR 179.1 million compared to INR 511.1 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to INR 2.97 a year ago. Diluted earnings per share from continuing operations was INR 1.04 compared to INR 2.97 a year ago.