Tirupati Foam 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 271.73 million compared to INR 333.52 million a year ago. Revenue was INR 273.04 million compared to INR 334.21 million a year ago. Net income was INR 6.25 million compared to INR 7.4 million a year ago. Basic earnings per share from continuing operations was INR 1.42 compared to INR 1.68 a year ago.
For the nine months, sales was INR 773.51 million compared to INR 719.88 million a year ago. Revenue was INR 776.45 million compared to INR 721.72 million a year ago. Net income was INR 15.57 million compared to INR 8.01 million a year ago. Basic earnings per share from continuing operations was INR 3.54 compared to INR 1.82 a year ago.