Sanrhea Technical Textiles 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 157.46 million compared to INR 186.1 million a year ago. Revenue was INR 157.81 million compared to INR 187.06 million a year ago. Net income was INR 6.81 million compared to INR 11.82 million a year ago. Basic earnings per share from continuing operations was INR 1.58 compared to INR 2.96 a year ago. Diluted earnings per share from continuing operations was INR 1.4 compared to INR 2.76 a year ago.
For the nine months, sales was INR 472.42 million compared to INR 507.45 million a year ago. Revenue was INR 473.92 million compared to INR 508.86 million a year ago. Net income was INR 17.19 million compared to INR 25.7 million a year ago. Basic earnings per share from continuing operations was INR 4 compared to INR 6.43 a year ago. Diluted earnings per share from continuing operations was INR 3.54 compared to INR 6.01 a year ago.