Shyam Metalics and Energy 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 33,152.9 million compared to INR 29,217 million a year ago. Revenue was INR 33,552.1 million compared to INR 29,592.7 million a year ago. Net income was INR 1,273 million compared to INR 672.7 million a year ago. Basic earnings per share from continuing operations was INR 4.93 compared to INR 2.54 a year ago. Diluted earnings per share from continuing operations was INR 4.93 compared to INR 2.54 a year ago.
For the nine months, sales was INR 95,890.2 million compared to INR 92,301 million a year ago. Revenue was INR 96,969.6 million compared to INR 93,112.5 million a year ago. Net income was INR 8,154.7 million compared to INR 5,964.2 million a year ago. Basic earnings per share from continuing operations was INR 31.74 compared to INR 23.11 a year ago. Diluted earnings per share from continuing operations was INR 31.71 compared to INR 23.11 a year ago.