Standard Industries 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 37.04 million compared to INR 35 million a year ago. Revenue was INR 349.23 million compared to INR 42.99 million a year ago. Net income was INR 227.1 million compared to net loss of INR 42.16 million a year ago. Basic earnings per share from continuing operations was INR 3.53 compared to basic loss per share from continuing operations of INR 0.66 a year ago. Diluted earnings per share from continuing operations was INR 3.53 compared to diluted loss per share from continuing operations of INR 0.66 a year ago.
For the nine months, sales was INR 161.15 million compared to INR 85.93 million a year ago. Revenue was INR 603.96 million compared to INR 283.05 million a year ago. Net income was INR 272.65 million compared to INR 57.33 million a year ago. Basic earnings per share from continuing operations was INR 4.24 compared to INR 0.89 a year ago. Diluted earnings per share from continuing operations was INR 4.24 compared to INR 0.89 a year ago.