Morganite Crucible (India) 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 399.98 million compared to INR 414.91 million a year ago. Revenue was INR 428.25 million compared to INR 433.09 million a year ago. Net income was INR 66.71 million compared to INR 58.97 million a year ago. Basic earnings per share from continuing operations was INR 11.91 compared to INR 10.53 a year ago. Diluted earnings per share from continuing operations was INR 11.91 compared to INR 10.53 a year ago.
For the nine months, sales was INR 1,280.35 million compared to INR 1,206.11 million a year ago. Revenue was INR 1,331.27 million compared to INR 1,238.06 million a year ago. Net income was INR 227.89 million compared to INR 141.33 million a year ago. Basic earnings per share from continuing operations was INR 40.69 compared to INR 25.24 a year ago. Diluted earnings per share from continuing operations was INR 40.69 compared to INR 25.24 a year ago.