Shree Karthik Papers 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 208.26 million compared to INR 133.07 million a year ago. Revenue was INR 208.59 million compared to INR 133.21 million a year ago. Net income was INR 8.01 million compared to net loss of INR 28.2 million a year ago. Basic earnings per share from continuing operations was INR 0.42 compared to basic loss per share from continuing operations of INR 1.48 a year ago. Diluted earnings per share from continuing operations was INR 0.42 compared to diluted loss per share from continuing operations of INR 1.48 a year ago.
For the nine months, sales was INR 653.39 million compared to INR 267.36 million a year ago. Revenue was INR 65,474.9 million compared to INR 267.66 million a year ago. Net income was INR 2.6 million compared to net loss of INR 31.71 million a year ago. Basic earnings per share from continuing operations was INR 0.14 compared to basic loss per share from continuing operations of INR 1.66 a year ago. Diluted earnings per share from continuing operations was INR 0.14 compared to diluted loss per share from continuing operations of INR 1.66 a year ago.