Rasi Electrodes 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 206.74 million compared to INR 177.42 million a year ago. Revenue was INR 209.28 million compared to INR 181.31 million a year ago. Net income was INR 7.44 million compared to INR 5.17 million a year ago. Basic earnings per share from continuing operations was INR 0.23 compared to INR 0.16 a year ago. Diluted earnings per share from continuing operations was INR 0.23 compared to INR 0.16 a year ago.
For the nine months, sales was INR 646.52 million compared to INR 475.11 million a year ago. Revenue was INR 655.29 million compared to INR 483.16 million a year ago. Net income was INR 23.27 million compared to INR 16.37 million a year ago. Basic earnings per share from continuing operations was INR 0.73 compared to INR 0.51 a year ago. Diluted earnings per share from continuing operations was INR 0.73 compared to INR 0.51 a year ago.