Artemis Electricals and Projects 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 139.74 million compared to INR 207.53 million a year ago. Revenue was INR 139.74 million compared to INR 207.54 million a year ago. Net income was INR 13.66 million compared to INR 23.52 million a year ago. Basic earnings per share from continuing operations was INR 0.05 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.05 compared to INR 0.09 a year ago.
For the nine months, sales was INR 388.95 million compared to INR 272.38 million a year ago. Revenue was INR 388.96 million compared to INR 272.39 million a year ago. Net income was INR 33.17 million compared to net loss of INR 26.01 million a year ago. Basic earnings per share from continuing operations was INR 0.13 compared to basic loss per share from continuing operations of INR 0.1 a year ago. Diluted earnings per share from continuing operations was INR 0.13 compared to diluted loss per share from continuing operations of INR 0.1 a year ago.