Pradeep Metals 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 671.6 million compared to INR 560 million a year ago. Revenue was INR 682.6 million compared to INR 568 million a year ago. Net income was INR 72.6 million compared to INR 36.8 million a year ago. Basic earnings per share from continuing operations was INR 4.2 compared to INR 2.13 a year ago. Diluted earnings per share from continuing operations was INR 4.2 compared to INR 2.13 a year ago.
For the nine months, sales was INR 2,047.4 million compared to INR 1,568.7 million a year ago. Revenue was INR 2,056.9 million compared to INR 1,596.2 million a year ago. Net income was INR 221.7 million compared to INR 137.2 million a year ago. Basic earnings per share from continuing operations was INR 12.83 compared to INR 7.94 a year ago. Diluted earnings per share from continuing operations was INR 12.83 compared to INR 7.94 a year ago.