Rama Steel Tubes 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 3,502.46 million compared to INR 1,849.81 million a year ago. Revenue was INR 3,559.45 million compared to INR 1,878.56 million a year ago. Net income was INR 74.61 million compared to INR 56.04 million a year ago. Basic earnings per share from continuing operations was INR 0.176 compared to INR 0.1432 a year ago. Diluted earnings per share from continuing operations was INR 0.152 compared to INR 0.1432 a year ago.
For the nine months, sales was INR 9,375.15 million compared to INR 5,162.7 million a year ago. Revenue was INR 9,496.47 million compared to INR 5,264 million a year ago. Net income was INR 167.86 million compared to INR 199.14 million a year ago.