Pearl Polymers 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 37.74 million compared to INR 35.83 million a year ago. Revenue was INR 62.02 million compared to INR 43.06 million a year ago. Net income was INR 5.87 million compared to net loss of INR 18.21 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to basic loss per share from continuing operations of INR 1.08 a year ago. Diluted earnings per share from continuing operations was INR 0.35 compared to diluted loss per share from continuing operations of INR 1.08 a year ago.
For the nine months, sales was INR 112.24 million compared to INR 122.61 million a year ago. Revenue was INR 179.9 million compared to INR 140.1 million a year ago. Net income was INR 11.51 million compared to net loss of INR 51.17 million a year ago. Basic earnings per share from continuing operations was INR 0.68 compared to basic loss per share from continuing operations of INR 3.04 a year ago. Diluted earnings per share from continuing operations was INR 0.68 compared to diluted loss per share from continuing operations of INR 3.04 a year ago.