Morganite Crucible (India) 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 414.91 million compared to INR 413.57 million a year ago. Revenue was INR 433.09 million compared to INR 576.05 million a year ago. Net income was INR 58.97 million compared to INR 181.66 million a year ago. Basic earnings per share from continuing operations was INR 10.53 compared to INR 32.44 a year ago. Diluted earnings per share from continuing operations was INR 10.53 compared to INR 32.44 a year ago.
For the nine months, sales was INR 1,206.11 million compared to INR 1,117.18 million a year ago. Revenue was INR 1,238.06 million compared to INR 1,293.59 million a year ago. Net income was INR 141.33 million compared to INR 301.55 million a year ago. Basic earnings per share from continuing operations was INR 25.24 compared to INR 53.85 a year ago. Diluted earnings per share from continuing operations was INR 25.24 compared to INR 53.85 a year ago.