Gyscoal Alloys 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 154 million compared to INR 66.98 million a year ago. Revenue was INR 168.12 million compared to INR 87.52 million a year ago. Net income was INR 22.09 million compared to INR 0.764 million a year ago. Basic earnings per share from continuing operations was INR 0.14. Diluted earnings per share from continuing operations was INR 0.14.
For the nine months, sales was INR 192.12 million compared to INR 166.33 million a year ago. Revenue was INR 267.38 million compared to INR 223.68 million a year ago. Net income was INR 40.58 million compared to net loss of INR 171.18 million a year ago. Basic earnings per share from continuing operations was INR 0.26 compared to basic loss per share from continuing operations of INR 1.08 a year ago. Diluted earnings per share from continuing operations was INR 0.26 compared to diluted loss per share from continuing operations of INR 1.08 a year ago.