Sacheta Metals 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 166.8 million compared to INR 245.4 million a year ago. Revenue was INR 168.7 million compared to INR 248.2 million a year ago. Net income was INR 3.9 million compared to INR 8.2 million a year ago. Basic earnings per share from continuing operations was INR 0.18 compared to INR 0.43 a year ago. Diluted earnings per share from continuing operations was INR 0.18 compared to INR 0.43 a year ago.
For the nine months, sales was INR 580.7 million compared to INR 702.9 million a year ago. Revenue was INR 587.6 million compared to INR 713.1 million a year ago. Net income was INR 10.9 million compared to INR 15.4 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 0.81 a year ago. Diluted earnings per share from continuing operations was INR 0.51 compared to INR 0.81 a year ago.