Coral Laboratories 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 247.27 million compared to INR 133.25 million a year ago. Revenue was INR 262.27 million compared to INR 142.6 million a year ago. Net income was INR 8.58 million compared to INR 2.47 million a year ago. Basic earnings per share from continuing operations was INR 2.4 compared to INR 0.69 a year ago.
For the nine months, sales was INR 666.81 million compared to INR 555.34 million a year ago. Revenue was INR 724.15 million compared to INR 588.19 million a year ago. Net income was INR 73.38 million compared to INR 64.99 million a year ago. Basic earnings per share from continuing operations was INR 20.54 compared to INR 18.19 a year ago.