Prakash Industries 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 7,607.8 million compared to INR 8,469.8 million a year ago. Revenue was INR 7,637.3 million compared to INR 8,496.1 million a year ago. Net income was INR 452.7 million compared to INR 321.7 million a year ago. Basic earnings per share from continuing operations was INR 2.53 compared to INR 1.8 a year ago. Diluted earnings per share from continuing operations was INR 2.43 compared to INR 1.73 a year ago.
For the nine months, sales was INR 24,332.1 million compared to INR 27,712.9 million a year ago. Revenue was INR 24,410 million compared to INR 27,782.4 million a year ago. Net income was INR 1,325.2 million compared to INR 1,159.9 million a year ago. Basic earnings per share from continuing operations was INR 7.4 compared to INR 6.48 a year ago. Diluted earnings per share from continuing operations was INR 7.12 compared to INR 6.24 a year ago.