Morgan Ventures 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 45.61 million compared to negative revenue of INR 29.22 million a year ago. Net income was INR 18.38 million compared to net loss of INR 26.42 million a year ago. Basic earnings per share from continuing operations was INR 1.86 compared to basic loss per share from continuing operations of INR 2.67 a year ago. Diluted earnings per share from continuing operations was INR 1.86 compared to diluted loss per share from continuing operations of INR 2.67 a year ago.
For the nine months, revenue was INR 120.96 million compared to INR 131.25 million a year ago. Net income was INR 51.37 million compared to INR 92.95 million a year ago. Basic earnings per share from continuing operations was INR 5.19 compared to INR 9.39 a year ago. Diluted earnings per share from continuing operations was INR 5.19 compared to INR 9.39 a year ago.