Godawari Power & Ispat 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 13,089.2 million compared to INR 14,629.9 million a year ago. Revenue was INR 13,247.1 million compared to INR 14,991.1 million a year ago. Net income was INR 2,292.6 million compared to INR 1,282.1 million a year ago. Basic earnings per share from continuing operations was INR 18.38 compared to INR 9.88 a year ago. Diluted earnings per share from continuing operations was INR 18.38 compared to INR 9.88 a year ago.
For the nine months, sales was INR 39,255.4 million compared to INR 44,364.5 million a year ago. Revenue was INR 39,832.9 million compared to INR 45,148.3 million a year ago. Net income was INR 7,170.3 million compared to INR 6,238.3 million a year ago. Basic earnings per share from continuing operations was INR 57.49 compared to INR 48.09 a year ago. Diluted earnings per share from continuing operations was INR 57.49 compared to INR 48.09 a year ago.