Saurashtra Cement 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 4,466.93 million compared to INR 4,423.75 million a year ago. Revenue was INR 4,508.4 million compared to INR 4,465.38 million a year ago. Net income was INR 125.68 million compared to net loss of INR 27.95 million a year ago. Basic earnings per share from continuing operations was INR 1.13 compared to basic loss per share from continuing operations of INR 0.25 a year ago. Diluted earnings per share from continuing operations was INR 1.13 compared to diluted loss per share from continuing operations of INR 0.25 a year ago.
For the nine months, sales was INR 12,676.61 million compared to INR 11,738.72 million a year ago. Revenue was INR 12,785.38 million compared to INR 11,836.04 million a year ago. Net income was INR 255.16 million compared to net loss of INR 363.06 million a year ago. Basic earnings per share from continuing operations was INR 2.3 compared to basic loss per share from continuing operations of INR 3.28 a year ago. Diluted earnings per share from continuing operations was INR 2.29 compared to diluted loss per share from continuing operations of INR 3.28 a year ago.