Narbada Gems and Jewellery 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 295.61 million compared to INR 195.05 million a year ago. Revenue was INR 297.11 million compared to INR 195.83 million a year ago. Net income was INR 9.66 million compared to INR 16.41 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 1.01 a year ago. Diluted earnings per share from continuing operations was INR 0.45 compared to INR 0.9 a year ago.
For the nine months, sales was INR 740.36 million compared to INR 484.41 million a year ago. Revenue was INR 743.96 million compared to INR 486.87 million a year ago. Net income was INR 40.11 million compared to INR 30.49 million a year ago. Basic earnings per share from continuing operations was INR 2.11 compared to INR 1.96 a year ago. Diluted earnings per share from continuing operations was INR 1.6 compared to INR 1.71 a year ago.