The Indian Wood Products 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 445.11 million compared to INR 487.77 million a year ago. Revenue was INR 445.81 million compared to INR 488.45 million a year ago. Net income was INR 6.47 million compared to net loss of INR 7.12 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to basic loss per share from continuing operations of INR 0.11 a year ago.
For the nine months, sales was INR 1,379.31 million compared to INR 1,278.53 million a year ago. Revenue was INR 1,383.19 million compared to INR 1,280.75 million a year ago. Net income was INR 15.05 million compared to net loss of INR 29.13 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to basic loss per share from continuing operations of INR 0.46 a year ago.