Vintage Coffee and Beverages 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 186.5 million compared to INR 69.79 million a year ago. Revenue was INR 186.7 million compared to INR 75.57 million a year ago. Net income was INR 12.81 million compared to net loss of INR 8.82 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to basic loss per share from continuing operations of INR 0.17 a year ago. Diluted earnings per share from continuing operations was INR 0.18 compared to diluted loss per share from continuing operations of INR 0.17 a year ago.
For the nine months, sales was INR 442.76 million compared to INR 203.84 million a year ago. Revenue was INR 446.06 million compared to INR 210.33 million a year ago. Net income was INR 24.54 million compared to net loss of INR 30.12 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to basic loss per share from continuing operations of INR 0.6 a year ago. Diluted earnings per share from continuing operations was INR 0.35 compared to diluted loss per share from continuing operations of INR 0.6 a year ago.