Shree Karthik Papers 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 146.57 million compared to INR 208.26 million a year ago. Revenue was INR 146.82 million compared to INR 208.59 million a year ago. Net income was INR 3.54 million compared to INR 8.01 million a year ago. Basic earnings per share from continuing operations was INR 0.19 compared to INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 0.19 compared to INR 0.42 a year ago.
For the nine months, sales was INR 502.14 million compared to INR 653.39 million a year ago. Revenue was INR 503.09 million compared to INR 654.75 million a year ago. Net income was INR 6.87 million compared to INR 2.6 million a year ago. Basic earnings per share from continuing operations was INR 0.36 compared to INR 0.14 a year ago. Diluted earnings per share from continuing operations was INR 0.36 compared to INR 0.14 a year ago.