Freshtrop Fruits 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 338.7 million compared to INR 133.16 million a year ago. Revenue was INR 339.72 million compared to INR 137.95 million a year ago. Net income was INR 20.8 million compared to net loss of INR 7.79 million a year ago. Basic earnings per share from continuing operations was INR 1.95 compared to basic loss per share from continuing operations of INR 0.73 a year ago. Diluted earnings per share from continuing operations was INR 1.95 compared to diluted loss per share from continuing operations of INR 0.73 a year ago.
For the nine months, sales was INR 1,693.21 million compared to INR 1,102.65 million a year ago. Revenue was INR 1,698.1 million compared to INR 1,136.22 million a year ago. Net income was INR 15.86 million compared to INR 42.56 million a year ago. Basic earnings per share from continuing operations was INR 1.48 compared to INR 3.98 a year ago. Diluted earnings per share from continuing operations was INR 1.48 compared to INR 3.98 a year ago.