GAIL (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 358,845.1 million compared to INR 261,450.9 million a year ago. Revenue was INR 363,896.5 million compared to INR 265,970.3 million a year ago. Net income was INR 4,137.6 million compared to INR 37,807.8 million a year ago. Basic earnings per share from continuing operations was INR 0.63 compared to INR 5.68 a year ago. Diluted earnings per share from continuing operations was INR 0.63 compared to INR 5.68 a year ago.
For the nine months, sales was INR 1,124,616.8 million compared to INR 654,745.9 million a year ago. Revenue was INR 1,133,928.3 million compared to INR 663,556.7 million a year ago. Net income was INR 49,818.2 million compared to INR 88,018.3 million a year ago. Basic earnings per share from continuing operations was INR 7.55 compared to INR 13.21 a year ago. Diluted earnings per share from continuing operations was INR 7.55 compared to INR 13.21 a year ago.