Sawaca Business Machines 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 4 million compared to INR 1.67 million a year ago. Revenue was INR 6.49 million compared to INR 4.18 million a year ago. Net income was INR 3.77 million compared to INR 0.696 million a year ago. Basic earnings per share from continuing operations was INR 0.033 compared to INR 0.006 a year ago. Diluted earnings per share from continuing operations was INR 0.033 compared to INR 0.006 a year ago.
For the nine months, sales was INR 22.03 million compared to INR 5.44 million a year ago. Revenue was INR 29.44 million compared to INR 13.12 million a year ago. Net income was INR 5.55 million compared to INR 1.89 million a year ago. Basic earnings per share from continuing operations was INR 0.048 compared to INR 0.017 a year ago. Diluted earnings per share from continuing operations was INR 0.048 compared to INR 0.017 a year ago.