Modern Steels Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
For the nine months, revenue was INR 169.1 million compared to INR 932.9 million a year ago. Net income was INR 113.5 million compared to net loss of INR 25.2 million a year ago. Basic earnings per share from continuing operations was INR 8.25 compared to basic loss per share from continuing operations of INR 1.83 a year ago. Diluted earnings per share from continuing operations was INR 8.25 compared to diluted loss per share from continuing operations of INR 1.83 a year ago.