Parnax Lab 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 509.89 million compared to INR 468.22 million a year ago. Revenue was INR 510.9 million compared to INR 469.07 million a year ago. Net income was INR 21.77 million compared to INR 31.51 million a year ago. Basic earnings per share from continuing operations was INR 1.9 compared to INR 2.96 a year ago. Diluted earnings per share from continuing operations was INR 1.9 compared to INR 2.96 a year ago.
For the nine months, sales was INR 1,423.42 million compared to INR 1,267 million a year ago. Revenue was INR 1,429.11 million compared to INR 1,272.03 million a year ago. Net income was INR 73.68 million compared to INR 71.79 million a year ago. Basic earnings per share from continuing operations was INR 6.43 compared to INR 6.75 a year ago. Diluted earnings per share from continuing operations was INR 6.43 compared to INR 6.75 a year ago.