VTM Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 510.28 million compared to INR 493.26 million a year ago. Revenue was INR 525.09 million compared to INR 507.56 million a year ago. Net income was INR 46.11 million compared to INR 11.3 million a year ago. Basic earnings per share from continuing operations was INR 1.15 compared to INR 0.28 a year ago. Diluted earnings per share from continuing operations was INR 1.15 compared to INR 0.28 a year ago.
For the nine months, sales was INR 1,441.97 million compared to INR 1,555.13 million a year ago. Revenue was INR 1,499.96 million compared to INR 1,595.46 million a year ago. Net income was INR 147.67 million compared to INR 63.23 million a year ago. Basic earnings per share from continuing operations was INR 3.67 compared to INR 1.57 a year ago. Diluted earnings per share from continuing operations was INR 3.67 compared to INR 1.57 a year ago.