Inani Marbles and Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 135.41 million compared to INR 109.24 million a year ago. Revenue was INR 153.5 million compared to INR 116.49 million a year ago. Net income was INR 12.62 million compared to net loss of INR 11.77 million a year ago. Basic earnings per share from continuing operations was INR 0.68 compared to basic loss per share from continuing operations of INR 0.63 a year ago. Diluted earnings per share from continuing operations was INR 0.68 compared to diluted loss per share from continuing operations of INR 0.63 a year ago.
For the nine months, sales was INR 379.7 million compared to INR 602.46 million a year ago. Revenue was INR 401.64 million compared to INR 616.35 million a year ago. Net income was INR 3.06 million compared to INR 12.76 million a year ago. Basic earnings per share from continuing operations was INR 0.16 compared to INR 0.69 a year ago. Diluted earnings per share from continuing operations was INR 0.16 compared to INR 0.69 a year ago.