The Grob Tea Company 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 340.25 million compared to INR 273.13 million a year ago. Revenue was INR 343.07 million compared to INR 277.68 million a year ago. Net income was INR 24.95 million compared to net loss of INR 0.701 million a year ago. Basic earnings per share from continuing operations was INR 21.46 compared to basic loss per share from continuing operations of INR 0.6 a year ago. Diluted earnings per share from continuing operations was INR 21.46 compared to diluted loss per share from continuing operations of INR 0.6 a year ago.
For the nine months, sales was INR 845.5 million compared to INR 893.85 million a year ago. Revenue was INR 875.08 million compared to INR 912.23 million a year ago. Net income was INR 139.63 million compared to INR 188.18 million a year ago. Basic earnings per share from continuing operations was INR 120.13 compared to INR 161.9 a year ago. Diluted earnings per share from continuing operations was INR 120.13 compared to INR 161.9 a year ago.