Sunshield Chemicals 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 651.9 million compared to INR 512.4 million a year ago. Revenue was INR 655.7 million compared to INR 518.5 million a year ago. Net income was INR 51.3 million compared to INR 10 million a year ago. Basic earnings per share from continuing operations was INR 6.97 compared to INR 1.36 a year ago. Diluted earnings per share from continuing operations was INR 6.97 compared to INR 1.36 a year ago.
For the nine months, sales was INR 1,978.5 million compared to INR 1,783 million a year ago. Revenue was INR 1,989.8 million compared to INR 1,793.7 million a year ago. Net income was INR 128.5 million compared to INR 103.1 million a year ago. Basic earnings per share from continuing operations was INR 17.48 compared to INR 14.02 a year ago. Diluted earnings per share from continuing operations was INR 17.48 compared to INR 14.02 a year ago.