Gokul Refoils & Solvent 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 5,456.07 million compared to INR 7,773.71 million a year ago. Revenue was INR 5,483.52 million compared to INR 7,802.92 million a year ago. Net income was INR 34.01 million compared to INR 60.53 million a year ago. Basic earnings per share from continuing operations was INR 0.34 compared to INR 0.61 a year ago. Diluted earnings per share from continuing operations was INR 0.34 compared to INR 0.61 a year ago.
For the nine months, sales was INR 22,733.19 million compared to INR 21,969.74 million a year ago. Revenue was INR 22,836.29 million compared to INR 22,102.11 million a year ago. Net income was INR 181.67 million compared to INR 191.59 million a year ago. Basic earnings per share from continuing operations was INR 1.84 compared to INR 1.94 a year ago. Diluted earnings per share from continuing operations was INR 1.84 compared to INR 1.94 a year ago.