Prakash Steelage 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 273.21 million compared to INR 123.77 million a year ago. Revenue was INR 273.24 million compared to INR 517.87 million a year ago. Net income was INR 16.72 million compared to INR 400.4 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to INR 2.29 a year ago.
For the nine months, sales was INR 636.04 million compared to INR 302.11 million a year ago. Revenue was INR 651.38 million compared to INR 697.07 million a year ago. Net income was INR 40.63 million compared to INR 400.13 million a year ago. Basic earnings per share from continuing operations was INR 0.23 compared to INR 2.29 a year ago.