Panjon 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 13.75 million compared to INR 33.34 million a year ago. Revenue was INR 14.17 million compared to INR 34.15 million a year ago. Net income was INR 0.255 million compared to INR 0.485 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.03 a year ago.
For the nine months, sales was INR 47.9 million compared to INR 71.55 million a year ago. Revenue was INR 49.3 million compared to INR 73.66 million a year ago. Net income was INR 1.23 million compared to INR 1.59 million a year ago. Basic earnings per share from continuing operations was INR 0.08 compared to INR 0.08 a year ago.