Magellanic Cloud 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 1,327.62 million compared to INR 649.61 million a year ago. Revenue was INR 1,336.89 million compared to INR 662.36 million a year ago. Net income was INR 173.54 million compared to INR 39.34 million a year ago. Basic earnings per share from continuing operations was INR 1.545 compared to INR 0.39 a year ago. Diluted earnings per share from continuing operations was INR 1.545 compared to INR 0.39 a year ago.
For the nine months, sales was INR 3,127.76 million compared to INR 1,871.37 million a year ago. Revenue was INR 3,295.95 million compared to INR 2,161.52 million a year ago. Net income was INR 560.95 million compared to INR 278.7 million a year ago. Basic earnings per share from continuing operations was INR 4.9925 compared to INR 2.7675 a year ago. Diluted earnings per share from continuing operations was INR 4.9925 compared to INR 2.7675 a year ago.