Coastal Corporation Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 572.29 million compared to INR 1,500.3 million a year ago. Net income was INR 4.13 million compared to INR 47.23 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to INR 4.42 a year ago. Diluted earnings per share from continuing operations was INR 0.31 compared to INR 4.08 a year ago.
For the nine months, revenue was INR 2,905.75 million compared to INR 3,747.01 million a year ago. Net income was INR 159.25 million compared to INR 197.08 million a year ago. Basic earnings per share from continuing operations was INR 13.07 compared to INR 18.46 a year ago. Diluted earnings per share from continuing operations was INR 13.07 compared to INR 17.02 a year ago.