Grovy India 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 33.7 million compared to INR 53.52 million a year ago. Revenue was INR 33.72 million compared to INR 55.4 million a year ago. Net income was INR 3.48 million compared to INR 5.96 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to INR 2.37 a year ago. Diluted earnings per share from continuing operations was INR 1.04 compared to INR 2.37 a year ago.
For the nine months, sales was INR 103.35 million compared to INR 147.99 million a year ago. Revenue was INR 103.53 million compared to INR 151.99 million a year ago. Net income was INR 8.13 million compared to INR 6.51 million a year ago. Basic earnings per share from continuing operations was INR 2.44 compared to INR 2.59 a year ago. Diluted earnings per share from continuing operations was INR 2.44 compared to INR 2.59 a year ago.