Sapphire Foods India 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 6,655.6 million compared to INR 5,961.32 million a year ago. Revenue was INR 6,715.79 million compared to INR 6,028 million a year ago. Net income was INR 101.39 million compared to INR 326.13 million a year ago. Basic earnings per share from continuing operations was INR 1.59 compared to INR 5.14 a year ago. Diluted earnings per share from continuing operations was INR 1.57 compared to INR 5.08 a year ago.
For the nine months, sales was INR 19,625.84 million compared to INR 17,051.65 million a year ago. Revenue was INR 19,836.09 million compared to INR 17,248.65 million a year ago. Net income was INR 504.19 million compared to INR 977.67 million a year ago. Basic earnings per share from continuing operations was INR 7.92 compared to INR 15.39 a year ago. Diluted earnings per share from continuing operations was INR 7.84 compared to INR 15.22 a year ago.