Garware Hi-Tech Films 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 3,243.6 million compared to INR 3,339 million a year ago. Revenue was INR 3,318.5 million compared to INR 3,414 million a year ago. Net income was INR 304 million compared to INR 428.9 million a year ago. Basic earnings per share from continuing operations was INR 13.09 compared to INR 18.46 a year ago. Diluted earnings per share from continuing operations was INR 13.09 compared to INR 18.46 a year ago.
For the nine months, sales was INR 10,890 million compared to INR 9,791.2 million a year ago. Revenue was INR 11,140.3 million compared to INR 10,031.5 million a year ago. Net income was INR 1,230.7 million compared to INR 1,220.6 million a year ago. Basic earnings per share from continuing operations was INR 52.97 compared to INR 52.54 a year ago. Diluted earnings per share from continuing operations was INR 52.97 compared to INR 52.54 a year ago.