Swadeshi Polytex 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 545.51 million compared to INR 99.5 million a year ago. Revenue was INR 564.03 million compared to INR 106.14 million a year ago. Net income was INR 457.49 million compared to INR 78.77 million a year ago. Basic earnings per share from continuing operations was INR 11.73 compared to INR 2.02 a year ago. Diluted earnings per share from continuing operations was INR 11.73 compared to INR 2.02 a year ago.
For the nine months, sales was INR 992.57 million compared to INR 281.26 million a year ago. Revenue was INR 1,041.41 million compared to INR 295.73 million a year ago. Net income was INR 822.48 million compared to INR 221.33 million a year ago. Basic earnings per share from continuing operations was INR 21.09 compared to INR 5.67 a year ago. Diluted earnings per share from continuing operations was INR 21.09 compared to INR 5.67 a year ago.