Avonmore Capital & Management Services Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 329.3 million compared to INR 223.7 million a year ago. Net income was INR 43 million compared to INR 37.6 million a year ago. Basic earnings per share from continuing operations was INR 1.82 compared to INR 1.59 a year ago. Diluted earnings per share from continuing operations was INR 1.82 compared to INR 1.59 a year ago.
For the nine months, revenue was INR 781.9 million compared to INR 1,890.7 million a year ago. Net income was INR 90.1 million compared to INR 1,127.7 million a year ago. Basic earnings per share from continuing operations was INR 3.81 compared to INR 47.71 a year ago. Diluted earnings per share from continuing operations was INR 3.81 compared to INR 47.71 a year ago.