Padmanabh Alloys and Polymers 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 96.14 million compared to INR 62.42 million a year ago. Revenue was INR 96.14 million compared to INR 62.48 million a year ago. Net income was INR 0.647 million compared to net loss of INR 2.56 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to basic loss per share from continuing operations of INR 0.47 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to diluted loss per share from continuing operations of INR 0.47 a year ago.
For the nine months, sales was INR 317.96 million compared to INR 204.21 million a year ago. Revenue was INR 317.96 million compared to INR 204.27 million a year ago. Net income was INR 5.65 million compared to net loss of INR 2.57 million a year ago. Basic earnings per share from continuing operations was INR 1.04 compared to basic loss per share from continuing operations of INR 0.48 a year ago. Diluted earnings per share from continuing operations was INR 1.04 compared to diluted loss per share from continuing operations of INR 0.48 a year ago.