Vippy Spinpro 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 600.42 million compared to INR 328.87 million a year ago. Revenue was INR 602.35 million compared to INR 331.7 million a year ago. Net income was INR 7.68 million compared to INR 13.72 million a year ago. Basic earnings per share from continuing operations was INR 1.31 compared to INR 2.34 a year ago. Diluted earnings per share from continuing operations was INR 1.31 compared to INR 2.34 a year ago.
For the nine months, sales was INR 1,863.24 million compared to INR 1,091.04 million a year ago. Revenue was INR 1,868.06 million compared to INR 1,098.68 million a year ago. Net income was INR 15.78 million compared to INR 104.95 million a year ago. Basic earnings per share from continuing operations was INR 2.69 compared to INR 17.88 a year ago. Diluted earnings per share from continuing operations was INR 2.69 compared to INR 17.88 a year ago.