Atam Valves 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 121.87 million compared to INR 109.73 million a year ago. Revenue was INR 121.9 million compared to INR 109.73 million a year ago. Net income was INR 9.88 million compared to INR 20.18 million a year ago. Basic earnings per share from continuing operations was INR 0.89 compared to INR 1.91 a year ago. Diluted earnings per share from continuing operations was INR 0.89 compared to INR 1.72 a year ago.
For the nine months, sales was INR 353.52 million compared to INR 292.06 million a year ago. Revenue was INR 353.58 million compared to INR 294.22 million a year ago. Net income was INR 31.48 million compared to INR 43.68 million a year ago. Basic earnings per share from continuing operations was INR 2.85 compared to INR 4.45 a year ago. Diluted earnings per share from continuing operations was INR 2.85 compared to INR 3.83 a year ago.