Sunflag Iron and Steel Company 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 8,694.2 million compared to INR 6,962.6 million a year ago. Revenue was INR 8,725.8 million compared to INR 6,974.6 million a year ago. Net income was INR 596.6 million compared to INR 426.1 million a year ago. Basic earnings per share from continuing operations was INR 3.31 compared to INR 2.36 a year ago.
For the nine months, sales was INR 26,514.5 million compared to INR 20,492.8 million a year ago. Revenue was INR 26,565.2 million compared to INR 20,528.9 million a year ago. Net income was INR 10,755.9 million compared to INR 1,761.9 million a year ago. Basic earnings per share from continuing operations was INR 59.68 compared to INR 9.78 a year ago.