Cochin Minerals and Rutile 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 1,190.41 million compared to INR 887.77 million a year ago. Revenue was INR 1,207.58 million compared to INR 889.4 million a year ago. Net income was INR 168.07 million compared to INR 2.87 million a year ago. Basic earnings per share from continuing operations was INR 21.47 compared to INR 0.37 a year ago. Diluted earnings per share from continuing operations was INR 21.47 compared to INR 0.37 a year ago.
For the nine months, sales was INR 3,360.88 million compared to INR 2,135.38 million a year ago. Revenue was INR 3,379.21 million compared to INR 2,137.39 million a year ago. Net income was INR 434.3 million compared to net loss of INR 13.74 million a year ago. Basic earnings per share from continuing operations was INR 55.47 compared to basic loss per share from continuing operations of INR 1.75 a year ago. Diluted earnings per share from continuing operations was INR 55.47 compared to diluted loss per share from continuing operations of INR 1.75 a year ago.