Raghuvir Synthetics 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 618.67 million compared to INR 263.29 million a year ago. Revenue was INR 628.11 million compared to INR 271.11 million a year ago. Net income was INR 12.87 million compared to net loss of INR 45.75 million a year ago. Basic earnings per share from continuing operations was INR 0.33 compared to basic loss per share from continuing operations of INR 1.18 a year ago. Diluted earnings per share from continuing operations was INR 0.33 compared to diluted loss per share from continuing operations of INR 1.18 a year ago.
For the nine months, sales was INR 1,770.86 million compared to INR 555.01 million a year ago. Revenue was INR 1,797.22 million compared to INR 574.42 million a year ago. Net income was INR 12.13 million compared to net loss of INR 123.3 million a year ago. Basic earnings per share from continuing operations was INR 0.3 compared to basic loss per share from continuing operations of INR 3.18 a year ago. Diluted earnings per share from continuing operations was INR 0.3 compared to diluted loss per share from continuing operations of INR 3.18 a year ago.