Tamil Nadu Newsprint and Papers 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 12,350 million compared to INR 10,726.5 million a year ago. Revenue was INR 12,631.9 million compared to INR 10,924.1 million a year ago. Net income was INR 1,129 million compared to INR 9.1 million a year ago. Basic earnings per share from continuing operations was INR 16.31 compared to INR 0.13 a year ago. Diluted earnings per share from continuing operations was INR 16.31 compared to INR 0.13 a year ago.
For the nine months, sales was INR 37,046.2 million compared to INR 26,145.5 million a year ago. Revenue was INR 37,853.3 million compared to INR 26,808.2 million a year ago. Net income was INR 2,850.4 million compared to net loss of INR 81.2 million a year ago. Basic earnings per share from continuing operations was INR 41.18 compared to basic loss per share from continuing operations of INR 1.17 a year ago. Diluted earnings per share from continuing operations was INR 41.18 compared to diluted loss per share from continuing operations of INR 1.17 a year ago.