Seshasayee Paper and Boards 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 4,734.7 million compared to INR 5,558.1 million a year ago. Revenue was INR 4,848.3 million compared to INR 5,644 million a year ago. Net income was INR 689.8 million compared to INR 1,115.7 million a year ago. Basic earnings per share from continuing operations was INR 11.45 compared to INR 18.52 a year ago. Diluted earnings per share from continuing operations was INR 11.45 compared to INR 18.52 a year ago.
For the nine months, sales was INR 12,624 million compared to INR 15,096.3 million a year ago. Revenue was INR 12,990.9 million compared to INR 15,302.8 million a year ago. Net income was INR 2,139.3 million compared to INR 2,781.6 million a year ago. Basic earnings per share from continuing operations was INR 35.52 compared to INR 46.19 a year ago. Diluted earnings per share from continuing operations was INR 35.52 compared to INR 46.19 a year ago.