ISMT Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported negative sales was INR 2,887.9 million compared to INR 3,139.4 million a year ago. Revenue was INR 6,019.5 million compared to INR 5,375.6 million a year ago. Net income was INR 289.5 million compared to net loss of INR 688.7 million a year ago. Basic earnings per share from continuing operations was INR 0.96 compared to basic loss per share from continuing operations of INR 4.7 a year ago.
For the nine months, negative sales was INR 10,352.4 million compared to INR 7,651.9 million a year ago. Revenue was INR 19,394.4 million compared to INR 15,922.5 million a year ago. Net income was INR 793.5 million compared to net loss of INR 1,721.4 million a year ago. Basic earnings per share from continuing operations was INR 2.64 compared to basic loss per share from continuing operations of INR 11.75 a year ago.