Graviss Hospitality 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 152.8 million compared to INR 191.1 million a year ago. Revenue was INR 160.7 million compared to INR 192.5 million a year ago. Net income was INR 27.4 million compared to net loss of INR 0.1 million a year ago. Basic earnings per share from continuing operations was INR 0.39. Diluted earnings per share from continuing operations was INR 0.39.
For the nine months, sales was INR 472.6 million compared to INR 329.6 million a year ago. Revenue was INR 481.9 million compared to INR 346.3 million a year ago. Net income was INR 26.1 million compared to net loss of INR 37.4 million a year ago. Basic earnings per share from continuing operations was INR 0.37 compared to basic loss per share from continuing operations of INR 0.53 a year ago. Diluted earnings per share from continuing operations was INR 0.37 compared to diluted loss per share from continuing operations of INR 0.53 a year ago.