IFB Agro Industries 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 2,806.8 million compared to INR 2,574.7 million a year ago. Revenue was INR 3,637.4 million compared to INR 6,355.1 million a year ago. Net income was INR 81.7 million compared to INR 85.9 million a year ago. Basic earnings per share from continuing operations was INR 8.72 compared to INR 9.17 a year ago. Diluted earnings per share from continuing operations was INR 8.72 compared to INR 9.17 a year ago.
For the nine months, sales was INR 10,205.4 million compared to INR 7,835.2 million a year ago. Revenue was INR 12,630.4 million compared to INR 18,357.3 million a year ago. Net income was INR 389.7 million compared to INR 459.8 million a year ago. Basic earnings per share from continuing operations was INR 41.6 compared to INR 49.07 a year ago. Diluted earnings per share from continuing operations was INR 41.6 compared to INR 49.07 a year ago.