Ponni Sugars (Erode) 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 1,244.3 million compared to INR 1,019.9 million a year ago. Revenue was INR 1,264.7 million compared to INR 1,034.3 million a year ago. Net income was INR 116.5 million compared to INR 76.2 million a year ago. Basic earnings per share from continuing operations was INR 13.55 compared to INR 8.86 a year ago. Diluted earnings per share from continuing operations was INR 13.55 compared to INR 8.86 a year ago.
For the nine months, sales was INR 3,500 million compared to INR 3,359.7 million a year ago. Revenue was INR 3,636.2 million compared to INR 3,494.4 million a year ago. Net income was INR 333 million compared to INR 315.1 million a year ago. Basic earnings per share from continuing operations was INR 38.72 compared to INR 36.64 a year ago. Diluted earnings per share from continuing operations was INR 38.72 compared to INR 36.64 a year ago.