Polymechplast Machines 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 133.12 million compared to INR 148.1 million a year ago. Revenue was INR 134.1 million compared to INR 149.71 million a year ago. Net income was INR 0.954 million compared to INR 0.862 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 0.15 a year ago.
For the nine months, sales was INR 412.52 million compared to INR 497.38 million a year ago. Revenue was INR 416.76 million compared to INR 502.02 million a year ago. Net income was INR 2.04 million compared to INR 13.18 million a year ago. Basic earnings per share from continuing operations was INR 0.36 compared to INR 2.35 a year ago. Diluted earnings per share from continuing operations was INR 0.36 compared to INR 2.35 a year ago.