Saraswati Commercial (India) Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 122.58 million compared to negative revenue of INR 110.5 million a year ago. Net income was INR 83.97 million compared to net loss of INR 108.17 million a year ago. Basic earnings per share from continuing operations was INR 81.53 compared to basic loss per share from continuing operations of INR 105.32 a year ago. Diluted earnings per share from continuing operations was INR 81.53 compared to diluted loss per share from continuing operations of INR 105.32 a year ago.
For the nine months, revenue was INR 416.76 million compared to INR 756.54 million a year ago. Net income was INR 290.72 million compared to INR 584.87 million a year ago. Basic earnings per share from continuing operations was INR 282.27 compared to INR 569.38 a year ago. Diluted earnings per share from continuing operations was INR 282.27 compared to INR 569.38 a year ago.