The Indian Card Clothing Company 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 171.18 million compared to INR 171.05 million a year ago. Revenue was INR 206.52 million compared to INR 179.63 million a year ago. Net income was INR 33.65 million compared to INR 3.02 million a year ago. Basic earnings per share from continuing operations was INR 5.66 compared to INR 0.5 a year ago. Diluted earnings per share from continuing operations was INR 5.66 compared to INR 0.5 a year ago.
For the nine months, sales was INR 511.06 million compared to INR 483.5 million a year ago. Revenue was INR 582.78 million compared to INR 498.45 million a year ago. Net income was INR 32.98 million compared to net loss of INR 16.01 million a year ago. Basic earnings per share from continuing operations was INR 5.55 compared to basic loss per share from continuing operations of INR 2.7 a year ago. Diluted earnings per share from continuing operations was INR 5.55 compared to diluted loss per share from continuing operations of INR 2.7 a year ago.