Lavastone Ltd reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was MUR 71.43 million compared to MUR 49.67 million a year ago. Revenue was MUR 73.49 million compared to MUR 51.4 million a year ago. Net income was MUR 43.65 million compared to net loss of MUR 1.03 million a year ago.
For the nine months, sales was MUR 194.77 million compared to MUR 154.28 million a year ago. Revenue was MUR 199.73 million compared to MUR 158.58 million a year ago. Net income was MUR 95.44 million compared to MUR 38.45 million a year ago. Basic earnings per share from continuing operations was MUR 0.14 compared to MUR 0.06 a year ago.