JSW Steel Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 413,370 million compared to INR 386,780 million a year ago. Revenue was INR 421,340 million compared to INR 393,220 million a year ago. Net income was INR 24,150 million compared to INR 4,900 million a year ago. Basic earnings per share from continuing operations was INR 9.92 compared to INR 2.04 a year ago. Diluted earnings per share from continuing operations was INR 9.88 compared to INR 2.03 a year ago.
For the nine months, sales was INR 1,269,420 million compared to INR 1,173,000 million a year ago. Revenue was INR 1,294,990 million compared to INR 1,195,630 million a year ago. Net income was INR 75,130 million compared to INR 4,800 million a year ago. Basic earnings per share from continuing operations was INR 31.03 compared to INR 2 a year ago. Diluted earnings per share from continuing operations was INR 30.88 compared to INR 1.98 a year ago.