Terai Tea 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 549.98 million compared to INR 266.15 million a year ago. Revenue was INR 555.13 million compared to INR 290.19 million a year ago. Net income was INR 20.34 million compared to INR 13.01 million a year ago. Basic earnings per share from continuing operations was INR 2.95 compared to INR 1.88 a year ago. Diluted earnings per share from continuing operations was INR 2.95 compared to INR 1.88 a year ago.
For the nine months, sales was INR 892.54 million compared to INR 427.47 million a year ago. Revenue was INR 900.46 million compared to INR 567.09 million a year ago. Net income was INR 37.07 million compared to INR 130.51 million a year ago. Basic earnings per share from continuing operations was INR 5.37 compared to INR 18.91 a year ago. Diluted earnings per share from continuing operations was INR 5.37 compared to INR 18.91 a year ago.