Narbada Gems and Jewellery 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 315.17 million compared to INR 295.61 million a year ago. Revenue was INR 316.15 million compared to INR 297.11 million a year ago. Net income was INR 43.17 million compared to INR 9.66 million a year ago. Basic earnings per share from continuing operations was INR 2.04 compared to INR 0.51 a year ago. Diluted earnings per share from continuing operations was INR 2.04 compared to INR 0.45 a year ago.
For the nine months, sales was INR 751.5 million compared to INR 740.36 million a year ago. Revenue was INR 753.38 million compared to INR 743.96 million a year ago. Net income was INR 74.2 million compared to INR 40.11 million a year ago. Basic earnings per share from continuing operations was INR 3.51 compared to INR 2.11 a year ago. Diluted earnings per share from continuing operations was INR 3.51 compared to INR 1.6 a year ago.