Manali Petrochemicals 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 2,376.97 million compared to INR 4,893.87 million a year ago. Revenue was INR 2,442 million compared to INR 4,941.64 million a year ago. Net income was INR 31.49 million compared to INR 1,100.93 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to INR 6.4 a year ago.
For the nine months, sales was INR 8,477.82 million compared to INR 12,551.19 million a year ago. Revenue was INR 8,663.77 million compared to INR 12,688.77 million a year ago. Net income was INR 511.13 million compared to INR 3,071.49 million a year ago. Basic earnings per share from continuing operations was INR 2.97 compared to INR 17.86 a year ago.