The Western India Plywoods 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 291.5 million compared to INR 266 million a year ago. Revenue was INR 293.1 million compared to INR 267 million a year ago. Net income was INR 10.3 million compared to INR 5.5 million a year ago. Basic earnings per share from continuing operations was INR 1.31 compared to INR 0.75 a year ago. Diluted earnings per share from continuing operations was INR 1.31 compared to INR 0.75 a year ago.
For the nine months, sales was INR 825.9 million compared to INR 727.8 million a year ago. Revenue was INR 832.4 million compared to INR 730.1 million a year ago. Net income was INR 26.5 million compared to net loss of INR 0.6 million a year ago. Basic earnings per share from continuing operations was INR 3.31. Diluted earnings per share from continuing operations was INR 3.31.