Hariyana Ship Breakers 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 312.7 million compared to INR 280.33 million a year ago. Revenue was INR 331.5 million compared to INR 298.88 million a year ago. Net income was INR 3.48 million compared to INR 13.55 million a year ago. Basic earnings per share from continuing operations was INR 0.56 compared to INR 2.2 a year ago. Diluted earnings per share from continuing operations was INR 0.56 compared to INR 2.2 a year ago.
For the nine months, sales was INR 386.54 million compared to INR 1,310.9 million a year ago. Revenue was INR 445.33 million compared to INR 1,371.33 million a year ago. Net income was INR 4.07 million compared to INR 61.06 million a year ago. Basic earnings per share from continuing operations was INR 0.66 compared to INR 9.9 a year ago. Diluted earnings per share from continuing operations was INR 0.66 compared to INR 9.9 a year ago.