Krishanveer Forge 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 228.99 million compared to INR 189.56 million a year ago. Revenue was INR 230.07 million compared to INR 190.57 million a year ago. Net income was INR 14.71 million compared to net loss of INR 1.72 million a year ago. Basic earnings per share from continuing operations was INR 1.345 compared to basic loss per share from continuing operations of INR 0.157 a year ago. Diluted earnings per share from continuing operations was INR 1.345 compared to diluted loss per share from continuing operations of INR 0.157 a year ago.
For the nine months, sales was INR 604.28 million compared to INR 621.81 million a year ago. Revenue was INR 607.53 million compared to INR 624.95 million a year ago. Net income was INR 29.45 million compared to INR 0.3567 million a year ago. Basic earnings per share from continuing operations was INR 2.692 compared to INR 0.033 a year ago. Diluted earnings per share from continuing operations was INR 2.692 compared to INR 0.033 a year ago.