Spectrum Foods 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 36.77 million compared to INR 33.75 million a year ago. Revenue was INR 36.81 million compared to INR 33.85 million a year ago. Net income was INR 10.28 million compared to INR 7.21 million a year ago. Basic earnings per share from continuing operations was INR 2.121 compared to INR 1.486 a year ago. Diluted earnings per share from continuing operations was INR 2.121 compared to INR 1.486 a year ago.
For the nine months, sales was INR 111.5 million compared to INR 100.63 million a year ago. Revenue was INR 111.91 million compared to INR 102.66 million a year ago. Net income was INR 49.27 million compared to INR 23.13 million a year ago. Basic earnings per share from continuing operations was INR 10.162 compared to INR 4.77 a year ago. Diluted earnings per share from continuing operations was INR 10.162 compared to INR 4.77 a year ago.