North Eastern Carrying Corporation 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 855.86 million compared to INR 721.34 million a year ago. Revenue was INR 856.86 million compared to INR 724.99 million a year ago. Net income was INR 25.18 million compared to INR 21.33 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to INR 0.42 a year ago.
For the nine months, sales was INR 2,432.74 million compared to INR 2,326.07 million a year ago. Revenue was INR 2,437.71 million compared to INR 2,329.89 million a year ago. Net income was INR 51.59 million compared to INR 46.47 million a year ago. Basic earnings per share from continuing operations was INR 0.53 compared to INR 0.92 a year ago. Diluted earnings per share from continuing operations was INR 0.53 compared to INR 0.92 a year ago.