Nidhi Granites 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 106.64 million compared to INR 68.49 million a year ago. Revenue was INR 107.68 million compared to INR 69.62 million a year ago. Net income was INR 4.49 million compared to INR 1.21 million a year ago. Basic earnings per share from continuing operations was INR 1.12 compared to INR 1.33 a year ago. Diluted earnings per share from continuing operations was INR 1.12 compared to INR 1.33 a year ago.
For the nine months, sales was INR 271.28 million compared to INR 193.67 million a year ago. Revenue was INR 274.41 million compared to INR 196.43 million a year ago. Net income was INR 5.9 million compared to INR 4 million a year ago. Basic earnings per share from continuing operations was INR 1.77 compared to INR 4.99 a year ago. Diluted earnings per share from continuing operations was INR 1.77 compared to INR 4.99 a year ago.