Valiant Organics 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 2,503.66 million compared to INR 2,884 million a year ago. Revenue was INR 2,518.14 million compared to INR 2,909.31 million a year ago. Net income was INR 219.69 million compared to INR 299.36 million a year ago. Basic earnings per share from continuing operations was INR 8.09 compared to INR 11.02 a year ago. Diluted earnings per share from continuing operations was INR 7.85 compared to INR 10.7 a year ago.
For the nine months, sales was INR 7,804.01 million compared to INR 8,056.49 million a year ago. Revenue was INR 7,856.46 million compared to INR 8,108.12 million a year ago. Net income was INR 583.62 million compared to INR 821.81 million a year ago. Basic earnings per share from continuing operations was INR 21.49 compared to INR 30.27 a year ago. Diluted earnings per share from continuing operations was INR 20.86 compared to INR 29.39 a year ago.