Mohite Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 120.29 million compared to INR 364.31 million a year ago. Revenue was INR 120.81 million compared to INR 364.66 million a year ago. Net income was INR 6.07 million compared to INR 11.01 million a year ago. Basic earnings per share from continuing operations was INR 0.3 compared to INR 0.55 a year ago. Diluted earnings per share from continuing operations was INR 0.3 compared to INR 0.55 a year ago.
For the nine months, sales was INR 555.1 million compared to INR 1,140.33 million a year ago. Revenue was INR 557.05 million compared to INR 1,142.41 million a year ago. Net income was INR 27.68 million compared to INR 34.45 million a year ago. Basic earnings per share from continuing operations was INR 1.38 compared to INR 1.71 a year ago. Diluted earnings per share from continuing operations was INR 1.38 compared to INR 1.71 a year ago.