National Fertilizers 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 75,809.3 million compared to INR 101,343.5 million a year ago. Revenue was INR 75,982.8 million compared to INR 101,465.6 million a year ago. Net income was INR 1,509 million compared to INR 5,540.3 million a year ago. Basic earnings per share from continuing operations was INR 3.08 compared to INR 11.29 a year ago. Diluted earnings per share from continuing operations was INR 3.08 compared to INR 11.29 a year ago.
For the nine months, sales was INR 182,887.7 million compared to INR 233,383.4 million a year ago. Revenue was INR 183,492.3 million compared to INR 233,734.7 million a year ago. Net loss was INR 576.3 million compared to net income of INR 6,942.8 million a year ago. Basic loss per share from continuing operations was INR 1.17 compared to basic earnings per share from continuing operations of INR 14.15 a year ago. Diluted loss per share from continuing operations was INR 1.17 compared to diluted earnings per share from continuing operations of INR 14.15 a year ago.