Vinati 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 5,086.64 million compared to INR 3,689.52 million a year ago. Revenue was INR 5,254.68 million compared to INR 3,835.51 million a year ago. Net income was INR 1,254.07 million compared to INR 832.18 million a year ago. Basic earnings per share from continuing operations was INR 12.2 compared to INR 8.1 a year ago. Diluted earnings per share from continuing operations was INR 12.2 compared to INR 8.1 a year ago.
For the nine months, sales was INR 15,812.71 million compared to INR 11,294.21 million a year ago. Revenue was INR 16,367.45 million compared to INR 11,752.05 million a year ago. Net income was INR 3,426.02 million compared to INR 2,455.22 million a year ago. Basic earnings per share from continuing operations was INR 33.33 compared to INR 23.89 a year ago. Diluted earnings per share from continuing operations was INR 33.33 compared to INR 23.89 a year ago.