Jyoti Resins and 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 666.14 million compared to INR 488.62 million a year ago. Revenue was INR 667.8 million compared to INR 493.12 million a year ago. Net income was INR 121.47 million compared to INR 48.88 million a year ago. Basic earnings per share from continuing operations was INR 10.12 compared to INR 4.07 a year ago. Diluted earnings per share from continuing operations was INR 10.12 compared to INR 4.07 a year ago.
For the nine months, sales was INR 1,961.76 million compared to INR 1,244.92 million a year ago. Revenue was INR 1,966.86 million compared to INR 1,261.7 million a year ago. Net income was INR 300.36 million compared to INR 128.43 million a year ago. Basic earnings per share from continuing operations was INR 25.03 compared to INR 10.7 a year ago. Diluted earnings per share from continuing operations was INR 25.03 compared to INR 10.7 a year ago.