Vineet Laboratories 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 667.65 million compared to INR 383.65 million a year ago. Revenue was INR 667.66 million compared to INR 383.59 million a year ago. Net income was INR 13.93 million compared to INR 13.61 million a year ago. Basic earnings per share from continuing operations was INR 1.51. Diluted earnings per share from continuing operations was INR 1.51.
For the nine months, sales was INR 1,550.92 million compared to INR 1,355.86 million a year ago. Revenue was INR 1,551.81 million compared to INR 1,357.64 million a year ago. Net loss was INR 22.95 million compared to net income of INR 33.6 million a year ago. Basic loss per share from continuing operations was INR 2.49. Diluted loss per share from continuing operations was INR 2.49.