Meera Industries 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 76.06 million compared to INR 50.58 million a year ago. Revenue was INR 76.11 million compared to INR 50.55 million a year ago. Net income was INR 4.63 million compared to net loss of INR 4.02 million a year ago. Basic earnings per share from continuing operations was INR 0.43 compared to basic loss per share from continuing operations of INR 0.38 a year ago. Diluted earnings per share from continuing operations was INR 0.43 compared to diluted loss per share from continuing operations of INR 0.38 a year ago.
For the nine months, sales was INR 205.47 million compared to INR 156.71 million a year ago. Revenue was INR 205.56 million compared to INR 157.99 million a year ago. Net income was INR 8.64 million compared to net loss of INR 10.45 million a year ago. Basic earnings per share from continuing operations was INR 0.81 compared to basic loss per share from continuing operations of INR 0.98 a year ago. Diluted earnings per share from continuing operations was INR 0.81 compared to diluted loss per share from continuing operations of INR 0.98 a year ago.