Mangalam Seeds 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 522.92 million compared to INR 210.53 million a year ago. Revenue was INR 522.99 million compared to INR 210.78 million a year ago. Net income was INR 52.29 million compared to INR 32.02 million a year ago. Basic earnings per share from continuing operations was INR 4.76 compared to INR 2.85 a year ago. Diluted earnings per share from continuing operations was INR 4.76 compared to INR 2.85 a year ago.
For the nine months, sales was INR 909.85 million compared to INR 495.71 million a year ago. Revenue was INR 910.13 million compared to INR 496.27 million a year ago. Net income was INR 109.82 million compared to INR 66.73 million a year ago. Basic earnings per share from continuing operations was INR 10 compared to INR 6.01 a year ago. Diluted earnings per share from continuing operations was INR 10 compared to INR 6.01 a year ago.