Sarup Industries 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 47.98 million compared to INR 31.86 million a year ago. Revenue was INR 48.31 million compared to INR 31.86 million a year ago. Net income was INR 0.428 million compared to net loss of INR 4.83 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to basic loss per share from continuing operations of INR 1.48 a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to diluted loss per share from continuing operations of INR 1.48 a year ago.
For the nine months, sales was INR 77.29 million compared to INR 80.49 million a year ago. Revenue was INR 77.62 million compared to INR 85.99 million a year ago. Net loss was INR 18.14 million compared to INR 11.34 million a year ago. Basic loss per share from continuing operations was INR 5.58 compared to INR 3.49 a year ago. Diluted loss per share from continuing operations was INR 5.58 compared to INR 3.49 a year ago.