Associated Alcohols & Breweries 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 1,850.85 million compared to INR 1,645.18 million a year ago. Revenue was INR 1,879.35 million compared to INR 1,699.21 million a year ago. Net income was INR 108.06 million compared to INR 212.41 million a year ago. Basic earnings per share from continuing operations was INR 5.98 compared to INR 11.75 a year ago. Diluted earnings per share from continuing operations was INR 5.98 compared to INR 11.75 a year ago.
For the nine months, sales was INR 5,159.82 million compared to INR 3,645.62 million a year ago. Revenue was INR 5,239.24 million compared to INR 3,750.57 million a year ago. Net income was INR 317.54 million compared to INR 456.51 million a year ago. Basic earnings per share from continuing operations was INR 17.56 compared to INR 25.25 a year ago. Diluted earnings per share from continuing operations was INR 17.56 compared to INR 25.25 a year ago.