Maithan Alloys 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 4,480.6 million compared to INR 6,852.3 million a year ago. Revenue was INR 5,272.2 million compared to INR 7,362.7 million a year ago. Net income was INR 853.4 million compared to INR 727.8 million a year ago. Basic earnings per share from continuing operations was INR 29.32 compared to INR 25 a year ago. Diluted earnings per share from continuing operations was INR 29.32 compared to INR 25 a year ago.
For the nine months, sales was INR 12,953.7 million compared to INR 23,502.2 million a year ago. Revenue was INR 14,785 million compared to INR 24,824.9 million a year ago. Net income was INR 2,068.8 million compared to INR 4,009.3 million a year ago. Basic earnings per share from continuing operations was INR 71.07 compared to INR 137.71 a year ago. Diluted earnings per share from continuing operations was INR 71.07 compared to INR 137.71 a year ago.