Orient Beverages 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 337 million compared to INR 269.8 million a year ago. Revenue was INR 356.5 million compared to INR 290.7 million a year ago. Net income was INR 11.7 million compared to INR 9.3 million a year ago. Basic earnings per share from continuing operations was INR 6.01 compared to INR 4.3 a year ago. Diluted earnings per share from continuing operations was INR 6.01 compared to INR 4.3 a year ago.
For the nine months, sales was INR 1,092.3 million compared to INR 838.5 million a year ago. Revenue was INR 1,135.6 million compared to INR 890.3 million a year ago. Net loss was INR 26.1 million compared to net income of INR 32.8 million a year ago. Basic loss per share from continuing operations was INR 12.03 compared to basic earnings per share from continuing operations of INR 15.17 a year ago. Diluted loss per share from continuing operations was INR 12.03 compared to diluted earnings per share from continuing operations of INR 15.17 a year ago.