Paul Merchants 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 20,904.02 million compared to INR 17,180.42 million a year ago. Revenue was INR 20,934.34 million compared to INR 17,188.02 million a year ago. Net income was INR 170.89 million compared to INR 122.49 million a year ago. Basic earnings per share from continuing operations was INR 55.41 compared to INR 39.72 a year ago. Diluted earnings per share from continuing operations was INR 55.41 compared to INR 39.72 a year ago.
For the nine months, sales was INR 57,654.26 million compared to INR 53,132.94 million a year ago. Revenue was INR 57,715.38 million compared to INR 53,145.5 million a year ago. Net income was INR 452.9 million compared to INR 355.78 million a year ago. Basic earnings per share from continuing operations was INR 146.85 compared to INR 115.36 a year ago. Diluted earnings per share from continuing operations was INR 146.85 compared to INR 115.36 a year ago.