HP Adhesives 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 551.66 million compared to INR 436.62 million a year ago. Revenue was INR 555.63 million compared to INR 438.69 million a year ago. Net income was INR 31.05 million compared to INR 21.49 million a year ago. Basic earnings per share from continuing operations was INR 0.338 compared to INR 0.296 a year ago. Diluted earnings per share from continuing operations was INR 0.338 compared to INR 0.296 a year ago.
For the nine months, sales was INR 1,751.32 million compared to INR 1,141.78 million a year ago. Revenue was INR 1,774.81 million compared to INR 1,166.01 million a year ago. Net income was INR 69.88 million compared to INR 52.51 million a year ago. Basic earnings per share from continuing operations was INR 0.76 compared to INR 0.742 a year ago. Diluted earnings per share from continuing operations was INR 0.76 compared to INR 0.742 a year ago.