Savera 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 174.67 million compared to INR 153.25 million a year ago. Revenue was INR 185.69 million compared to INR 157.33 million a year ago. Net income was INR 27.04 million compared to INR 14.05 million a year ago. Basic earnings per share from continuing operations was INR 2.27 compared to INR 1.18 a year ago. Diluted earnings per share from continuing operations was INR 2.27 compared to INR 1.18 a year ago.
For the nine months, sales was INR 531.64 million compared to INR 452.14 million a year ago. Revenue was INR 553.64 million compared to INR 459.96 million a year ago. Net income was INR 84.09 million compared to INR 97.85 million a year ago. Basic earnings per share from continuing operations was INR 7.05 compared to INR 8.2 a year ago. Diluted earnings per share from continuing operations was INR 7.05 compared to INR 8.2 a year ago.