Prakash Industries 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 8,850.7 million compared to INR 7,607.8 million a year ago. Revenue was INR 8,919.3 million compared to INR 7,637.3 million a year ago. Net income was INR 805.6 million compared to INR 452.7 million a year ago. Basic earnings per share from continuing operations was INR 4.49 compared to INR 2.53 a year ago. Diluted earnings per share from continuing operations was INR 4.49 compared to INR 2.43 a year ago.
For the nine months, sales was INR 27,873.3 million compared to INR 24,332.1 million a year ago. Revenue was INR 28,401.1 million compared to INR 24,410 million a year ago. Net income was INR 2,594 million compared to INR 1,325.2 million a year ago. Basic earnings per share from continuing operations was INR 14.48 compared to INR 7.4 a year ago. Diluted earnings per share from continuing operations was INR 14.48 compared to INR 7.12 a year ago.