Alphageo (India) 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 392.45 million compared to INR 46.31 million a year ago. Revenue was INR 437.32 million compared to INR 239.25 million a year ago. Net income was INR 39.61 million compared to INR 110.7 million a year ago. Basic earnings per share from continuing operations was INR 6.22 compared to INR 17.39 a year ago. Diluted earnings per share from continuing operations was INR 6.22 compared to INR 17.39 a year ago.
For the nine months, sales was INR 467.79 million compared to INR 518.32 million a year ago. Revenue was INR 582.08 million compared to INR 744.71 million a year ago. Net loss was INR 35.88 million compared to net income of INR 140.3 million a year ago. Basic loss per share from continuing operations was INR 5.64 compared to basic earnings per share from continuing operations of INR 22.04 a year ago. Diluted loss per share from continuing operations was INR 5.64 compared to diluted earnings per share from continuing operations of INR 22.04 a year ago.