Stylam Industries 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 2,145.79 million compared to INR 2,339.79 million a year ago. Revenue was INR 2,165.43 million compared to INR 2,342.12 million a year ago. Net income was INR 313.35 million compared to INR 240.31 million a year ago. Basic earnings per share from continuing operations was INR 18.49 compared to INR 14.18 a year ago. Diluted earnings per share from continuing operations was INR 18.49 compared to INR 14.18 a year ago.
For the nine months, sales was INR 6,742.01 million compared to INR 7,153.08 million a year ago. Revenue was INR 6,785.96 million compared to INR 7,160.53 million a year ago. Net income was INR 908.67 million compared to INR 691.9 million a year ago. Basic earnings per share from continuing operations was INR 53.61 compared to INR 40.82 a year ago. Diluted earnings per share from continuing operations was INR 53.61 compared to INR 40.82 a year ago.