The United Nilgiri Tea Estates Company 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 236.04 million compared to INR 200.04 million a year ago. Revenue was INR 254.5 million compared to INR 216.76 million a year ago. Net income was INR 42.8 million compared to INR 28.4 million a year ago. Basic earnings per share from continuing operations was INR 8.57 compared to INR 5.68 a year ago. Diluted earnings per share from continuing operations was INR 8.57 compared to INR 5.68 a year ago.
For the nine months, sales was INR 621.22 million compared to INR 667.17 million a year ago. Revenue was INR 674.34 million compared to INR 699.66 million a year ago. Net income was INR 130.04 million compared to INR 92.97 million a year ago. Basic earnings per share from continuing operations was INR 26.02 compared to INR 18.61 a year ago. Diluted earnings per share from continuing operations was INR 26.02 compared to INR 18.61 a year ago.