Shervani Industrial Syndicate 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 32.9 million compared to INR 13.9 million a year ago. Revenue was INR 39.3 million compared to INR 16.1 million a year ago.
For the nine months, sales was INR 219.5 million compared to INR 50.3 million a year ago. Revenue was INR 230.4 million compared to INR 57.2 million a year ago. Net income was INR 48.7 million compared to net loss of INR 27.9 million a year ago. Basic earnings per share from continuing operations was INR 17.9 compared to basic loss per share from continuing operations of INR 10.26 a year ago.