GB Global 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 538.95 million compared to INR 279.61 million a year ago. Revenue was INR 708.3 million compared to INR 495.46 million a year ago. Net income was INR 55.64 million compared to INR 109.84 million a year ago. Basic earnings per share from continuing operations was INR 1.11 compared to INR 2.2 a year ago. Diluted earnings per share from continuing operations was INR 1.11 compared to INR 2.2 a year ago.
For the nine months, sales was INR 1,507.47 million compared to INR 851.66 million a year ago. Revenue was INR 1,691.86 million compared to INR 1,240.14 million a year ago. Net loss was INR 109.17 million compared to net income of INR 30.02 million a year ago. Basic loss per share from continuing operations was INR 2.18 compared to basic earnings per share from continuing operations of INR 0.6 a year ago. Diluted loss per share from continuing operations was INR 2.18 compared to diluted earnings per share from continuing operations of INR 0.6 a year ago.