Dolphin Offshore Enterprises (India) 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 17.83 million. Revenue was INR 19.27 million. Net income was INR 4.5 million compared to net loss of INR 26 million a year ago. Basic earnings per share from continuing operations was INR 0.134 compared to basic loss per share from continuing operations of INR 0.215 a year ago. Diluted earnings per share from continuing operations was INR 0.134 compared to diluted loss per share from continuing operations of INR 17.2 a year ago.
For the nine months, sales was INR 45.2 million. Revenue was INR 80.65 million. Net income was INR 41.11 million compared to net loss of INR 62.28 million a year ago. Basic earnings per share from continuing operations was INR 1.223 compared to basic loss per share from continuing operations of INR 0.371 a year ago. Diluted earnings per share from continuing operations was INR 1.223 compared to diluted loss per share from continuing operations of INR 29.68 a year ago.