Fiberweb (India) 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 190.19 million compared to INR 236.61 million a year ago. Revenue was INR 192.57 million compared to INR 241.62 million a year ago. Net income was INR 15.11 million compared to INR 33.02 million a year ago. Basic earnings per share from continuing operations was INR 0.52 compared to INR 1.15 a year ago. Diluted earnings per share from continuing operations was INR 0.52 compared to INR 1.15 a year ago.
For the nine months, sales was INR 612.09 million compared to INR 726.38 million a year ago. Revenue was INR 625.15 million compared to INR 739.09 million a year ago. Net income was INR 48.47 million compared to INR 100.75 million a year ago. Basic earnings per share from continuing operations was INR 1.68 compared to INR 3.5 a year ago. Diluted earnings per share from continuing operations was INR 1.68 compared to INR 3.5 a year ago.