Advance Petrochemicals Ltd. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 100.11 million compared to INR 79.61 million a year ago. Revenue was INR 100.63 million compared to INR 79.77 million a year ago. Net income was INR 3.15 million compared to INR 0.926 million a year ago. Basic earnings per share from continuing operations was INR 3.49 compared to INR 1.03 a year ago. Diluted earnings per share from continuing operations was INR 3.49 compared to INR 1.03 a year ago.
For the nine months, sales was INR 291.18 million compared to INR 196.74 million a year ago. Revenue was INR 292.41 million compared to INR 197.25 million a year ago. Net income was INR 13.57 million compared to INR 2.57 million a year ago. Basic earnings per share from continuing operations was INR 15.08 compared to INR 2.85 a year ago. Diluted earnings per share from continuing operations was INR 15.08 compared to INR 2.85 a year ago.