Indokem 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 287.7 million compared to INR 341.7 million a year ago. Revenue was INR 289.9 million compared to INR 342.1 million a year ago. Net income was INR 6 million compared to INR 15.6 million a year ago. Basic earnings per share from continuing operations was INR 0.25 compared to INR 0.64 a year ago. Diluted earnings per share from continuing operations was INR 0.25 compared to INR 0.64 a year ago.
For the nine months, sales was INR 840.7 million compared to INR 827.5 million a year ago. Revenue was INR 856.2 million compared to INR 831.4 million a year ago. Net loss was INR 0.9 million compared to net income of INR 22.4 million a year ago. Basic loss per share from continuing operations was INR 0.04 compared to basic earnings per share from continuing operations of INR 0.92 a year ago. Diluted loss per share from continuing operations was INR 0.04 compared to diluted earnings per share from continuing operations of INR 0.92 a year ago.