Arrow Greentech 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 249.1 million compared to INR 310.7 million a year ago. Revenue was INR 255.5 million compared to INR 311.3 million a year ago. Net income was INR 49 million compared to INR 36.7 million a year ago. Basic earnings per share from continuing operations was INR 3.25 compared to INR 2.58 a year ago. Diluted earnings per share from continuing operations was INR 3.25 compared to INR 2.58 a year ago.
For the nine months, sales was INR 978.9 million compared to INR 606.3 million a year ago. Revenue was INR 998.1 million compared to INR 617.3 million a year ago. Net income was INR 193.5 million compared to net loss of INR 4.9 million a year ago. Basic earnings per share from continuing operations was INR 12.82 compared to basic loss per share from continuing operations of INR 0.34 a year ago. Diluted earnings per share from continuing operations was INR 12.82 compared to diluted loss per share from continuing operations of INR 0.34 a year ago.