Oceanic Foods Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 205.28 million compared to INR 334.86 million a year ago. Revenue was INR 213.15 million compared to INR 346.04 million a year ago. Net income was INR 8.5 million compared to INR 13.29 million a year ago. Basic earnings per share from continuing operations was INR 0.76 compared to INR 1.18 a year ago.
For the nine months, sales was INR 689.87 million compared to INR 891.42 million a year ago. Revenue was INR 719.14 million compared to INR 923.42 million a year ago. Net income was INR 26.03 million compared to INR 33.64 million a year ago. Basic earnings per share from continuing operations was INR 2.31 compared to INR 2.99 a year ago.