Paras Defence and Space Technologies 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 641.8 million compared to INR 608.8 million a year ago. Revenue was INR 649.3 million compared to INR 663.5 million a year ago. Net income was INR 66.6 million compared to INR 97.6 million a year ago. Basic earnings per share from continuing operations was INR 1.71 compared to INR 2.5 a year ago. Diluted earnings per share from continuing operations was INR 1.71 compared to INR 2.5 a year ago.
For the nine months, sales was INR 1,738.1 million compared to INR 1,573.3 million a year ago. Revenue was INR 1,766 million compared to INR 1,648 million a year ago. Net income was INR 220.9 million compared to INR 253.1 million a year ago. Basic earnings per share from continuing operations was INR 5.66 compared to INR 6.49 a year ago. Diluted earnings per share from continuing operations was INR 5.66 compared to INR 6.49 a year ago.