Flora Corporation 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 108.89 million compared to INR 116.69 million a year ago. Revenue was INR 108.89 million compared to INR 116.69 million a year ago. Net income was INR 7.66 million compared to net loss of INR 0.358 million a year ago. Basic earnings per share from continuing operations was INR 0.88 compared to basic loss per share from continuing operations of INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.88 compared to diluted loss per share from continuing operations of INR 0.04 a year ago.
For the nine months, sales was INR 156.27 million compared to INR 299.49 million a year ago. Revenue was INR 156.27 million compared to INR 299.49 million a year ago. Net income was INR 5.11 million compared to net loss of INR 4.11 million a year ago. Basic earnings per share from continuing operations was INR 0.59 compared to basic loss per share from continuing operations of INR 0.47 a year ago. Diluted earnings per share from continuing operations was INR 0.59 compared to diluted loss per share from continuing operations of INR 0.47 a year ago.