Terai Tea Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 406.65 million compared to INR 549.98 million a year ago. Net income was INR 25.54 million compared to INR 20.34 million a year ago. Basic earnings per share from continuing operations was INR 3.7 compared to INR 2.95 a year ago. Diluted earnings per share from continuing operations was INR 3.7 compared to INR 2.95 a year ago.
For the nine months, sales was INR 626.1 million compared to INR 892.54 million a year ago. Net income was INR 46.39 million compared to INR 37.07 million a year ago. Basic earnings per share from continuing operations was INR 6.72 compared to INR 5.37 a year ago. Diluted earnings per share from continuing operations was INR 6.72 compared to INR 5.37 a year ago.