Godawari Power & Ispat 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 14,629.9 million compared to INR 16,066 million a year ago. Revenue was INR 14,991.1 million compared to INR 16,146.6 million a year ago. Net income was INR 1,282.1 million compared to INR 3,286 million a year ago. Basic earnings per share from continuing operations was INR 9.88 compared to INR 24.95 a year ago. Diluted earnings per share from continuing operations was INR 9.88 compared to INR 24.95 a year ago.
For the nine months, sales was INR 44,364.5 million compared to INR 40,406.9 million a year ago. Revenue was INR 45,148.3 million compared to INR 40,525.2 million a year ago. Net income was INR 6,238.3 million compared to INR 10,601.6 million a year ago. Basic earnings per share from continuing operations was INR 48.09 compared to INR 80.51 a year ago. Diluted earnings per share from continuing operations was INR 48.09 compared to INR 80.51 a year ago.