TRF 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 432.14 million compared to INR 421.23 million a year ago. Revenue was INR 463.79 million compared to INR 423.28 million a year ago. Net income was INR 89.52 million compared to net loss of INR 148.49 million a year ago. Basic earnings per share from continuing operations was INR 7.11 compared to basic loss per share from continuing operations of INR 13.92 a year ago. Diluted earnings per share from continuing operations was INR 6.19 compared to diluted loss per share from continuing operations of INR 13.92 a year ago. Basic earnings per share was INR 8.14 compared to basic loss per share of INR 13.49 a year ago. Diluted earnings per share was INR 7.09 compared to diluted loss per share of INR 13.49 a year ago.
For the nine months, sales was INR 1,382.1 million compared to INR 776.54 million a year ago. Revenue was INR 1,786.85 million compared to INR 780.35 million a year ago. Net income was INR 812.7 million compared to net loss of INR 496.85 million a year ago. Basic earnings per share from continuing operations was INR 67.46 compared to basic loss per share from continuing operations of INR 40.41 a year ago. Diluted earnings per share from continuing operations was INR 59.89 compared to diluted loss per share from continuing operations of INR 40.41 a year ago. Basic earnings per share was INR 73.85 compared to basic loss per share of INR 45.15 a year ago. Diluted earnings per share was INR 66.56 compared to diluted loss per share of INR 45.15 a year ago.