Sonal Mercantile 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 93.62 million compared to INR 63.74 million a year ago. Net income was INR 66.16 million compared to INR 45.43 million a year ago. Basic earnings per share from continuing operations was INR 5.12 compared to INR 3.08 a year ago. Diluted earnings per share from continuing operations was INR 5.12 compared to INR 3.08 a year ago.
For the nine months, revenue was INR 290.52 million compared to INR 179.86 million a year ago. Net income was INR 168.81 million compared to INR 132.75 million a year ago. Basic earnings per share from continuing operations was INR 13.07 compared to INR 9.01 a year ago. Diluted earnings per share from continuing operations was INR 13.07 compared to INR 9.01 a year ago.