Shalimar Wires Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 297.39 million compared to INR 312.54 million a year ago. Net loss was INR 10.99 million compared to net income of INR 10.67 million a year ago. Basic loss per share from continuing operations was INR 0.26 compared to basic earnings per share from continuing operations of INR 0.25 a year ago. Diluted loss per share from continuing operations was INR 0.26 compared to diluted earnings per share from continuing operations of INR 0.25 a year ago.
For the nine months, revenue was INR 959.53 million compared to INR 914.58 million a year ago. Net income was INR 15.7 million compared to INR 23.37 million a year ago. Basic earnings per share from continuing operations was INR 0.37 compared to INR 0.55 a year ago. Diluted earnings per share from continuing operations was INR 0.37 compared to INR 0.55 a year ago.