Surat Trade and Mercantile 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 152.4 million compared to INR 126.03 million a year ago. Revenue was INR 199.62 million compared to INR 157.23 million a year ago. Net income was INR 25.77 million compared to INR 16.27 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to INR 0.07 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to INR 0.07 a year ago. Basic earnings per share was INR 0.12 compared to INR 0.07 a year ago. Diluted earnings per share was INR 0.12 compared to INR 0.07 a year ago.
For the nine months, sales was INR 454.72 million compared to INR 126.03 million a year ago. Revenue was INR 614.29 million compared to INR 196.54 million a year ago. Net income was INR 71.61 million compared to INR 634.16 million a year ago. Basic earnings per share from continuing operations was INR 0.32 compared to INR 0.11 a year ago. Diluted earnings per share from continuing operations was INR 0.32 compared to INR 0.11 a year ago. Basic earnings per share was INR 0.32 compared to INR 2.86 a year ago. Diluted earnings per share was INR 0.32 compared to INR 2.86 a year ago.