Polycon International Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 65.12 million compared to INR 77.3 million a year ago. Revenue was INR 69.49 million compared to INR 77.43 million a year ago. Net income was INR 0.26 million compared to INR 0.056 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 0.01 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to INR 0.01 a year ago.
For the nine months, sales was INR 209.69 million compared to INR 222.3 million a year ago. Revenue was INR 214.17 million compared to INR 222.67 million a year ago. Net income was INR 0.843 million compared to INR 0.624 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.13 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 0.13 a year ago.