Shri Gang Industries & Allied Products 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 741.84 million compared to INR 406.21 million a year ago. Revenue was INR 74,309.2 million compared to INR 40,623 million a year ago. Net income was INR 23.98 million compared to INR 15.19 million a year ago. Basic earnings per share from continuing operations was INR 1.34 compared to INR 0.85 a year ago. Diluted earnings per share from continuing operations was INR 1.34 compared to INR 0.85 a year ago.
For the nine months, sales was INR 2,346.22 million compared to INR 899.52 million a year ago. Revenue was INR 2,350.89 million compared to INR 899.71 million a year ago. Net income was INR 136.55 million compared to INR 47.34 million a year ago. Basic earnings per share from continuing operations was INR 7.62 compared to INR 3.42 a year ago. Diluted earnings per share from continuing operations was INR 7.62 compared to INR 3.42 a year ago.