Shervani Industrial Syndicate 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 130.7 million compared to INR 32.9 million a year ago. Revenue was INR 158.9 million compared to INR 39.3 million a year ago. Net income was INR 50.2 million. Basic earnings per share from continuing operations was INR 18.46. Diluted earnings per share from continuing operations was INR 18.46.
For the nine months, sales was INR 1,170.2 million compared to INR 219.5 million a year ago. Revenue was INR 1,204.9 million compared to INR 230.4 million a year ago. Net income was INR 334.8 million compared to INR 48.7 million a year ago. Basic earnings per share from continuing operations was INR 123.09 compared to INR 17.9 a year ago. Diluted earnings per share from continuing operations was INR 123.09 compared to INR 17.9 a year ago.