Jaiprakash Power Ventures 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 21,903.2 million compared to INR 12,010.5 million a year ago. Net income was INR 1,728.5 million compared to net loss of INR 2,179.7 million a year ago. Basic earnings per share from continuing operations was INR 0.16 compared to basic loss per share from continuing operations of INR 0.21 a year ago. Diluted earnings per share from continuing operations was INR 0.16 compared to diluted loss per share from continuing operations of INR 0.21 a year ago.
For the nine months, sales was INR 52,479.5 million compared to INR 44,067.9 million a year ago. Net income was INR 4,331.6 million compared to INR 994.1 million a year ago. Basic earnings per share from continuing operations was INR 0.4 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.4 compared to INR 0.09 a year ago.