Tainwala Chemicals and Plastics (India) 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 17.4 million compared to INR 36.31 million a year ago. Revenue was INR 53.1 million compared to INR 64.9 million a year ago. Net income was INR 35.07 million compared to INR 17.67 million a year ago. Basic earnings per share from continuing operations was INR 3.74 compared to INR 1.89 a year ago.
For the nine months, sales was INR 46.91 million compared to INR 67.2 million a year ago. Revenue was INR 126.42 million compared to INR 105.72 million a year ago. Net income was INR 61.04 million compared to INR 13.61 million a year ago. Basic earnings per share from continuing operations was INR 6.52 compared to INR 1.45 a year ago.