AF Enterprises 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 11.44 million compared to INR 13.97 million a year ago. Revenue was INR 21.93 million compared to INR 15.59 million a year ago. Net income was INR 0.56 million compared to INR 4.53 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 0.35 a year ago. Diluted earnings per share from continuing operations was INR 0.03 compared to INR 0.3 a year ago.
For the nine months, sales was INR 39.28 million compared to INR 41.94 million a year ago. Revenue was INR 97.51 million compared to INR 52.37 million a year ago. Net income was INR 23.1 million compared to net loss of INR 8.85 million a year ago. Basic earnings per share from continuing operations was INR 1.75 compared to basic loss per share from continuing operations of INR 0.89 a year ago. Diluted earnings per share from continuing operations was INR 1.26.