Alankit 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 329.56 million compared to INR 337.55 million a year ago. Revenue was INR 1,092.86 million compared to INR 352.08 million a year ago. Net income was INR 34.21 million compared to INR 20.82 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to INR 0.15 a year ago. Diluted earnings per share from continuing operations was INR 0.24 compared to INR 0.15 a year ago.
For the nine months, sales was INR 736.18 million compared to INR 989.74 million a year ago. Revenue was INR 1,715.11 million compared to INR 1,045.55 million a year ago. Net loss was INR 384.49 million compared to net income of INR 67.91 million a year ago. Basic loss per share from continuing operations was INR 2.69 compared to basic earnings per share from continuing operations of INR 0.48 a year ago. Diluted loss per share from continuing operations was INR 2.69 compared to diluted earnings per share from continuing operations of INR 0.48 a year ago.