Sundaram Multi Pap 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 220.17 million compared to INR 179.28 million a year ago. Revenue was INR 227.35 million compared to INR 185.33 million a year ago. Net loss was INR 15.64 million compared to net income of INR 16.25 million a year ago. Basic loss per share from continuing operations was INR 0.03 compared to basic earnings per share from continuing operations of INR 0.03 a year ago. Diluted loss per share from continuing operations was INR 0.03 compared to diluted earnings per share from continuing operations of INR 0.03 a year ago.
For the nine months, sales was INR 733.6 million compared to INR 452.78 million a year ago. Revenue was INR 753 million compared to INR 473.11 million a year ago. Net income was INR 36.63 million compared to INR 20.16 million a year ago. Basic earnings per share from continuing operations was INR 0.08 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.08 compared to INR 0.04 a year ago.