Mukat Pipes Limited reported earnings results for the third quarter and nine months ended December 30, 2023. For the third quarter, the company reported sales was INR 17.18 million compared to INR 5.64 million a year ago. Revenue was INR 18.27 million compared to INR 6.66 million a year ago. Net income was INR 0.795 million compared to INR 1.15 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to INR 0.1 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to INR 0.1 a year ago.
For the nine months, sales was INR 42.36 million compared to INR 18.07 million a year ago. Revenue was INR 45.69 million compared to INR 21.08 million a year ago. Net income was INR 2.56 million compared to net loss of INR 2.35 million a year ago. Basic earnings per share from continuing operations was INR 0.22 compared to basic loss per share from continuing operations of INR 0.2 a year ago. Diluted earnings per share from continuing operations was INR 0.22 compared to diluted loss per share from continuing operations of INR 0.2 a year ago.