Nagpur Power 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 106.32 million compared to INR 94.76 million a year ago. Revenue was INR 120.93 million compared to INR 103.64 million a year ago. Net income was INR 9 million compared to net loss of INR 6.84 million a year ago. Basic earnings per share from continuing operations was INR 0.69 compared to basic loss per share from continuing operations of INR 0.52 a year ago. Diluted earnings per share from continuing operations was INR 0.69 compared to diluted loss per share from continuing operations of INR 0.52 a year ago.
For the nine months, sales was INR 328.24 million compared to INR 339.96 million a year ago. Revenue was INR 364.66 million compared to INR 344.68 million a year ago. Net income was INR 14.11 million compared to net loss of INR 8.43 million a year ago. Basic earnings per share from continuing operations was INR 1.08 compared to basic loss per share from continuing operations of INR 0.64 a year ago. Diluted earnings per share from continuing operations was INR 1.08 compared to diluted loss per share from continuing operations of INR 0.64 a year ago.