Ujaas Energy 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 58.43 million compared to INR 66.81 million a year ago. Revenue was INR 62.25 million compared to INR 69.47 million a year ago. Net income was INR 454.55 million compared to net loss of INR 50.48 million a year ago. Basic earnings per share from continuing operations was INR 3.47 compared to basic loss per share from continuing operations of INR 0.25 a year ago. Diluted earnings per share from continuing operations was INR 3.47 compared to diluted loss per share from continuing operations of INR 0.25 a year ago.
For the nine months, sales was INR 198.83 million compared to INR 222.85 million a year ago. Revenue was INR 208.79 million compared to INR 231.24 million a year ago. Net income was INR 331 million compared to net loss of INR 145.96 million a year ago. Basic earnings per share from continuing operations was INR 2.53 compared to basic loss per share from continuing operations of INR 0.73 a year ago. Diluted earnings per share from continuing operations was INR 2.53 compared to diluted loss per share from continuing operations of INR 0.73 a year ago.