Metal Coatings (India) 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 421.35 million compared to INR 378.19 million a year ago. Revenue was INR 422.24 million compared to INR 379.62 million a year ago. Net income was INR 4.97 million compared to INR 4.21 million a year ago. Basic earnings per share from continuing operations was INR 0.68 compared to INR 0.57 a year ago. Diluted earnings per share from continuing operations was INR 0.68 compared to INR 0.57 a year ago.
For the nine months, sales was INR 1,244.34 million compared to INR 1,271 million a year ago. Revenue was INR 1,248.03 million compared to INR 1,274.11 million a year ago. Net income was INR 15.5 million compared to INR 15.58 million a year ago. Basic earnings per share from continuing operations was INR 2.12 compared to INR 2.13 a year ago. Diluted earnings per share from continuing operations was INR 2.12 compared to INR 2.13 a year ago.