Prakash Steelage 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 258.65 million compared to INR 273.21 million a year ago. Revenue was INR 259.2 million compared to INR 273.24 million a year ago. Net income was INR 10.1 million compared to INR 16.72 million a year ago. Basic earnings per share from continuing operations was INR 0.06 compared to INR 0.1 a year ago. Diluted earnings per share from continuing operations was INR 0.06 compared to INR 0.1 a year ago.
For the nine months, sales was INR 800.41 million compared to INR 636.04 million a year ago. Revenue was INR 1,002.48 million compared to INR 651.38 million a year ago. Net income was INR 228.31 million compared to INR 40.63 million a year ago. Basic earnings per share from continuing operations was INR 1.3 compared to INR 0.23 a year ago. Diluted earnings per share from continuing operations was INR 1.3 compared to INR 0.23 a year ago.