Shekhawati Poly-Yarn Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 182.36 million compared to INR 260.9 million a year ago. Net income was INR 23.6 million compared to net loss of INR 26.6 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to basic loss per share from continuing operations of INR 0.08 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to diluted loss per share from continuing operations of INR 0.08 a year ago.
For the nine months, revenue was INR 609.8 million compared to INR 2,606.99 million a year ago. Net income was INR 85.79 million compared to net loss of INR 187.68 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to basic loss per share from continuing operations of INR 0.54 a year ago. Diluted earnings per share from continuing operations was INR 0.25 compared to diluted loss per share from continuing operations of INR 0.54 a year ago.