Sahyadri Industries 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 1,345.8 million compared to INR 1,200.3 million a year ago. Revenue was INR 1,363.1 million compared to INR 1,236.8 million a year ago. Net income was INR 31.7 million compared to INR 47.3 million a year ago. Basic earnings per share from continuing operations was INR 2.9 compared to INR 4.32 a year ago. Diluted earnings per share from continuing operations was INR 2.9 compared to INR 4.32 a year ago.
For the nine months, sales was INR 4,791.7 million compared to INR 4,226.1 million a year ago. Revenue was INR 4,836.5 million compared to INR 4,295 million a year ago. Net income was INR 220.9 million compared to INR 323.9 million a year ago. Basic earnings per share from continuing operations was INR 20.18 compared to INR 29.59 a year ago. Diluted earnings per share from continuing operations was INR 20.18 compared to INR 29.59 a year ago.