Modi Rubber Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 117.67 million compared to INR 39.08 million a year ago. Net income was INR 55.87 million compared to INR 83.47 million a year ago. Basic earnings per share from continuing operations was INR 2.24 compared to INR 3.33 a year ago. Diluted earnings per share from continuing operations was INR 2.24 compared to INR 3.33 a year ago.
For the nine months, revenue was INR 273.63 million compared to INR 96.54 million a year ago. Net income was INR 123.71 million compared to INR 244.35 million a year ago. Basic earnings per share from continuing operations was INR 4.95 compared to INR 9.76 a year ago. Diluted earnings per share from continuing operations was INR 4.95 compared to INR 9.76 a year ago.