The United Nilgiri Tea Estates Company 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 185.79 million compared to INR 176.39 million a year ago. Revenue was INR 216.76 million compared to INR 198.13 million a year ago. Net income was INR 28.4 million compared to INR 13.89 million a year ago. Basic earnings per share from continuing operations was INR 5.68 compared to INR 2.78 a year ago.
For the nine months, sales was INR 624.7 million compared to INR 543.01 million a year ago. Revenue was INR 699.66 million compared to INR 626.03 million a year ago. Net income was INR 92.97 million compared to INR 97.82 million a year ago. Basic earnings per share from continuing operations was INR 18.61 compared to INR 19.58 a year ago.