Parnax Lab 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 468.22 million compared to INR 506.76 million a year ago. Revenue was INR 469.07 million compared to INR 506.98 million a year ago. Net income was INR 31.51 million compared to INR 45.52 million a year ago. Basic earnings per share from continuing operations was INR 2.96 compared to INR 5.37 a year ago. Diluted earnings per share from continuing operations was INR 2.96 compared to INR 5.37 a year ago.
For the nine months, sales was INR 1,267 million compared to INR 1,151.2 million a year ago. Revenue was INR 1,272.03 million compared to INR 1,152.43 million a year ago. Net income was INR 71.79 million compared to INR 83.95 million a year ago. Basic earnings per share from continuing operations was INR 6.75 compared to INR 9.89 a year ago. Diluted earnings per share from continuing operations was INR 6.75 compared to INR 9.89 a year ago.