Laffans Petrochemicals 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 32.43 million compared to INR 24.16 million a year ago. Revenue was INR 65.33 million compared to INR 38.5 million a year ago. Net income was INR 21.84 million compared to INR 9.11 million a year ago. Basic earnings per share from continuing operations was INR 2.73 compared to INR 1.14 a year ago. Diluted earnings per share from continuing operations was INR 2.73 compared to INR 1.14 a year ago.
For the nine months, sales was INR 41.52 million compared to INR 159.3 million a year ago. Revenue was INR 121.91 million compared to INR 180.05 million a year ago. Net income was INR 51.17 million compared to net loss of INR 4.02 million a year ago. Basic earnings per share from continuing operations was INR 6.4 compared to basic loss per share from continuing operations of INR 0.5 a year ago. Diluted earnings per share from continuing operations was INR 6.4 compared to diluted loss per share from continuing operations of INR 0.5 a year ago.