Shree Ajit Pulp and Paper Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 866.21 million compared to INR 1,067.85 million a year ago. Revenue was INR 867.87 million compared to INR 1,069.49 million a year ago. Net income was INR 154.14 million compared to INR 53.54 million a year ago. Basic earnings per share from continuing operations was INR 28.78 compared to INR 9.99 a year ago.
For the nine months, sales was INR 2,961.28 million compared to INR 2,954.05 million a year ago. Revenue was INR 2,965.81 million compared to INR 2,962.34 million a year ago. Net income was INR 202.84 million compared to INR 200.02 million a year ago. Basic earnings per share from continuing operations was INR 37.87 compared to INR 37.34 a year ago.