Energy Development Company 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 96.43 million compared to INR 115.43 million a year ago. Revenue was INR 103.31 million compared to INR 121.57 million a year ago. Net income was INR 16.01 million compared to INR 30.04 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to INR 0.56 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to INR 0.56 a year ago.
For the nine months, sales was INR 338.93 million compared to INR 379.83 million a year ago. Revenue was INR 372.82 million compared to INR 399.02 million a year ago. Net income was INR 106 million compared to INR 113.5 million a year ago. Basic earnings per share from continuing operations was INR 1.99 compared to INR 2.15 a year ago. Diluted earnings per share from continuing operations was INR 1.99 compared to INR 2.15 a year ago.