Hipolin 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 53.62 million compared to INR 42.3 million a year ago. Revenue was INR 54.62 million compared to INR 43.39 million a year ago. Net income was INR 0.08 million compared to net loss of INR 0.735 million a year ago. Basic earnings per share from continuing operations was INR 0.03 compared to basic loss per share from continuing operations of INR 0.23 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to diluted loss per share from continuing operations of INR 0.23 a year ago.
For the nine months, sales was INR 138.82 million compared to INR 112.7 million a year ago. Revenue was INR 142.64 million compared to INR 115.63 million a year ago. Net loss was INR 7.22 million compared to net income of INR 77.84 million a year ago. Basic loss per share from continuing operations was INR 2.3 compared to basic earnings per share from continuing operations of INR 24.86 a year ago. Diluted loss per share from continuing operations was INR 2.3 compared to diluted earnings per share from continuing operations of INR 24.86 a year ago.