Sharda Ispat 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 583.22 million compared to INR 451 million a year ago. Revenue was INR 588.65 million compared to INR 452.77 million a year ago. Net income was INR 35.39 million compared to INR 11.16 million a year ago. Basic earnings per share from continuing operations was INR 6.97 compared to INR 2.2 a year ago.
For the nine months, sales was INR 1,746.06 million compared to INR 1,013.48 million a year ago. Revenue was INR 1,757.6 million compared to INR 1,023.87 million a year ago. Net income was INR 97.88 million compared to INR 20.72 million a year ago. Basic earnings per share from continuing operations was INR 19.28 compared to INR 4.08 a year ago.