Modi Rubber Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 39.08 million compared to INR 50.41 million a year ago. Net income was INR 83.47 million compared to INR 57.84 million a year ago. Basic earnings per share from continuing operations was INR 3.33 compared to INR 2.31 a year ago. Diluted earnings per share from continuing operations was INR 3.33 compared to INR 2.31 a year ago.
For the nine months, revenue was INR 96.54 million compared to INR 99.12 million a year ago. Net income was INR 244.35 million compared to INR 221.09 million a year ago. Basic earnings per share from continuing operations was INR 9.76 compared to INR 8.83 a year ago. Diluted earnings per share from continuing operations was INR 9.76 compared to INR 8.83 a year ago.