Medico Remedies Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 388.46 million compared to INR 301.32 million a year ago. Revenue was INR 397.1 million compared to INR 303.65 million a year ago. Net income was INR 22.5 million compared to INR 10.15 million a year ago. Basic earnings per share from continuing operations was INR 0.272 compared to INR 0.122 a year ago. Diluted earnings per share from continuing operations was INR 0.272 compared to INR 0.122 a year ago.
For the nine months, sales was INR 1,124.46 million compared to INR 887.43 million a year ago. Revenue was INR 1,164.56 million compared to INR 900.36 million a year ago. Net income was INR 54.76 million compared to INR 28.51 million a year ago. Basic earnings per share from continuing operations was INR 0.66 compared to INR 0.344 a year ago. Diluted earnings per share from continuing operations was INR 0.66 compared to INR 0.344 a year ago.