Balurghat Technologies 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 165.05 million compared to INR 168.35 million a year ago. Revenue was INR 165.86 million compared to INR 169.17 million a year ago. Net income was INR 5.01 million compared to INR 7.5 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to INR 0.43 a year ago.
For the nine months, sales was INR 476.14 million compared to INR 451.46 million a year ago. Revenue was INR 477.55 million compared to INR 452.7 million a year ago. Net income was INR 11.58 million compared to net loss of INR 2.36 million a year ago. Basic earnings per share from continuing operations was INR 0.67 compared to basic loss per share from continuing operations of INR 0.14 a year ago.