Prime Property Development Corporation 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 83.77 million. Revenue was INR 86.01 million compared to INR 1.7 million a year ago. Net income was INR 11.9 million compared to net loss of INR 5.77 million a year ago. Basic earnings per share from continuing operations was INR 0.7 compared to basic loss per share from continuing operations of INR 0.34 a year ago. Diluted earnings per share from continuing operations was INR 0.7 compared to diluted loss per share from continuing operations of INR 0.34 a year ago.
For the nine months, sales was INR 346.57 million. Revenue was INR 351.52 million compared to INR 5.45 million a year ago. Net income was INR 50.23 million compared to net loss of INR 19.67 million a year ago. Basic earnings per share from continuing operations was INR 2.96 compared to basic loss per share from continuing operations of INR 1.16 a year ago. Diluted earnings per share from continuing operations was INR 2.96 compared to diluted loss per share from continuing operations of INR 1.16 a year ago.