Indo-City Infotech 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 60.1 million compared to INR 68.09 million a year ago. Revenue was INR 61.56 million compared to INR 69.42 million a year ago. Net income was INR 2.08 million compared to INR 0.462 million a year ago. Basic earnings per share from continuing operations was INR 0.2 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.2 compared to INR 0.04 a year ago.
For the nine months, sales was INR 178.59 million compared to INR 122.64 million a year ago. Revenue was INR 183.05 million compared to INR 126.88 million a year ago. Net income was INR 5.98 million compared to INR 0.446 million a year ago. Basic earnings per share from continuing operations was INR 0.58 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.58 compared to INR 0.04 a year ago.