Asian Tea and Exports Ltd. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 55.73 million compared to INR 96.52 million a year ago. Revenue was INR 71.58 million compared to INR 107.52 million a year ago. Net income was INR 3.01 million compared to INR 19.08 million a year ago.
For the nine months, sales was INR 228.66 million compared to INR 366.28 million a year ago. Revenue was INR 278.51 million compared to INR 392.27 million a year ago. Net income was INR 19.67 million compared to INR 19.6 million a year ago.