Ruchi Infrastructure 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 147 million compared to INR 181 million a year ago. Revenue was INR 157.3 million compared to INR 184.2 million a year ago. Net income was INR 6.7 million compared to net loss of INR 20 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to basic loss per share from continuing operations of INR 0.14 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to diluted loss per share from continuing operations of INR 0.14 a year ago.
For the nine months, sales was INR 468.6 million compared to INR 504.2 million a year ago. Revenue was INR 532.9 million compared to INR 525.3 million a year ago. Net income was INR 147.6 million compared to INR 34 million a year ago. Basic earnings per share from continuing operations was INR 0.61 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.5 compared to INR 0.09 a year ago.