Pradeep Metals 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 677.4 million compared to INR 671.59 million a year ago. Revenue was INR 684.74 million compared to INR 682.61 million a year ago. Net income was INR 68.42 million compared to INR 72.54 million a year ago. Basic earnings per share from continuing operations was INR 3.96 compared to INR 4.2 a year ago. Diluted earnings per share from continuing operations was INR 3.96 compared to INR 4.2 a year ago.
For the nine months, sales was INR 1,971.82 million compared to INR 2,047.45 million a year ago. Revenue was INR 1,999.23 million compared to INR 2,066.91 million a year ago. Net income was INR 144.47 million compared to INR 221.62 million a year ago. Basic earnings per share from continuing operations was INR 8.37 compared to INR 12.83 a year ago. Diluted earnings per share from continuing operations was INR 8.37 compared to INR 12.83 a year ago.