Hindustan Composites 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 694.3 million compared to INR 662.7 million a year ago. Revenue was INR 694.6 million compared to INR 663.4 million a year ago. Net income was INR 54.3 million compared to INR 100.8 million a year ago. Basic earnings per share from continuing operations was INR 3.68 compared to INR 6.83 a year ago.
For the nine months, sales was INR 2,047.1 million compared to INR 1,659.2 million a year ago. Revenue was INR 2,053.2 million compared to INR 1,662.5 million a year ago. Net income was INR 179.7 million compared to INR 172 million a year ago. Basic earnings per share from continuing operations was INR 12.17 compared to INR 11.65 a year ago.