Arihant Foundations & Housing 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 325 million compared to INR 104 million a year ago. Revenue was INR 357.3 million compared to INR 147.9 million a year ago. Net income was INR 90.7 million compared to INR 9.3 million a year ago. Basic earnings per share from continuing operations was INR 10.55 compared to INR 1.08 a year ago. Diluted earnings per share from continuing operations was INR 10.55 compared to INR 1.08 a year ago.
For the nine months, sales was INR 786.3 million compared to INR 506.6 million a year ago. Revenue was INR 883 million compared to INR 629.2 million a year ago. Net income was INR 126.1 million compared to INR 79.5 million a year ago. Basic earnings per share from continuing operations was INR 14.66 compared to INR 9.25 a year ago. Diluted earnings per share from continuing operations was INR 14.66 compared to INR 9.25 a year ago.