Sarthak 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 752.95 million compared to INR 925.64 million a year ago. Revenue was INR 759.81 million compared to INR 933.22 million a year ago. Net income was INR 17.27 million compared to INR 75.49 million a year ago. Basic earnings per share from continuing operations was INR 1.27 compared to INR 5.51 a year ago. Diluted earnings per share from continuing operations was INR 1.27 compared to INR 5.51 a year ago.
For the nine months, sales was INR 2,345.2 million compared to INR 3,276.04 million a year ago. Revenue was INR 2,359 million compared to INR 3,307.86 million a year ago. Net income was INR 120.98 million compared to INR 239.79 million a year ago. Basic earnings per share from continuing operations was INR 8.83 compared to INR 17.52 a year ago. Diluted earnings per share from continuing operations was INR 8.83 compared to INR 17.52 a year ago.