Pavna Industries 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 798.59 million compared to INR 893.4 million a year ago. Revenue was INR 799.7 million compared to INR 894.62 million a year ago. Net income was INR 17.44 million compared to INR 25.19 million a year ago. Basic earnings per share from continuing operations was INR 1.43 compared to INR 2.07 a year ago. Diluted earnings per share from continuing operations was INR 1.43 compared to INR 2.07 a year ago.
For the nine months, sales was INR 2,354.25 million compared to INR 2,781.05 million a year ago. Revenue was INR 2,382.11 million compared to INR 2,791 million a year ago. Net income was INR 78.84 million compared to INR 35.68 million a year ago. Basic earnings per share from continuing operations was INR 6.47 compared to INR 2.93 a year ago. Diluted earnings per share from continuing operations was INR 6.47 compared to INR 2.93 a year ago.