K.M. Sugar Mills 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 1,882 million compared to INR 701.2 million a year ago. Revenue was INR 1,986.9 million compared to INR 725.5 million a year ago. Net income was INR 176.4 million compared to INR 74.2 million a year ago. Basic earnings per share from continuing operations was INR 1.92 compared to INR 0.81 a year ago. Diluted earnings per share from continuing operations was INR 1.92 compared to INR 0.81 a year ago.
For the nine months, sales was INR 4,849.6 million compared to INR 4,424.7 million a year ago. Revenue was INR 4,919.4 million compared to INR 4,470 million a year ago. Net income was INR 225.7 million compared to INR 346.3 million a year ago. Basic earnings per share from continuing operations was INR 2.45 compared to INR 3.76 a year ago. Diluted earnings per share from continuing operations was INR 2.45 compared to INR 3.76 a year ago.