Divyashakti Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 105.4 million compared to INR 188.7 million a year ago. Net income was INR 5.3 million compared to INR 9.4 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 0.92 a year ago. Diluted earnings per share from continuing operations was INR 0.51 compared to INR 0.92 a year ago.
For the nine months, revenue was INR 698 million compared to INR 518.4 million a year ago. Net income was INR 93.6 million compared to INR 49.3 million a year ago. Basic earnings per share from continuing operations was INR 9.11 compared to INR 4.8 a year ago. Diluted earnings per share from continuing operations was INR 9.11 compared to INR 4.8 a year ago.