The Baroda Rayon Corporation 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 90.35 million compared to INR 75.33 million a year ago. Revenue was INR 101.35 million compared to INR 142.55 million a year ago. Net income was INR 113.69 million compared to INR 2,392.05 million a year ago. Basic earnings per share from continuing operations was INR 4.96 compared to INR 104.4 a year ago. Diluted earnings per share from continuing operations was INR 4.96 compared to INR 104.4 a year ago.
For the nine months, sales was INR 697.05 million compared to INR 213.33 million a year ago. Revenue was INR 765.36 million compared to INR 411.44 million a year ago. Net income was INR 295.98 million compared to INR 2,497.77 million a year ago. Basic earnings per share from continuing operations was INR 12.92 compared to INR 109.02 a year ago. Diluted earnings per share from continuing operations was INR 12.92 compared to INR 109.02 a year ago.