Chemtech Industrial Valves 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 107.74 million compared to INR 37.05 million a year ago. Revenue was INR 107.8 million compared to INR 37.1 million a year ago. Net income was INR 10.93 million compared to INR 0.06 million a year ago. Basic earnings per share from continuing operations was INR 0.95 compared to INR 0.01 a year ago. Diluted earnings per share from continuing operations was INR 0.95 compared to INR 0.01 a year ago.
For the nine months, sales was INR 209.76 million compared to INR 117.64 million a year ago. Revenue was INR 212.17 million compared to INR 122.35 million a year ago. Net income was INR 30.08 million compared to INR 3.63 million a year ago. Basic earnings per share from continuing operations was INR 2.62 compared to INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 2.62 compared to INR 0.32 a year ago.