Rasi Electrodes 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 207.45 million compared to INR 206.74 million a year ago. Revenue was INR 210.28 million compared to INR 209.28 million a year ago. Net income was INR 7.42 million compared to INR 9.92 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to INR 0.31 a year ago. Diluted earnings per share from continuing operations was INR 0.24 compared to INR 0.31 a year ago.
For the nine months, sales was INR 610.88 million compared to INR 646.52 million a year ago. Revenue was INR 616.96 million compared to INR 655.29 million a year ago. Net income was INR 22.11 million compared to INR 31.26 million a year ago. Basic earnings per share from continuing operations was INR 0.71 compared to INR 0.99 a year ago. Diluted earnings per share from continuing operations was INR 0.71 compared to INR 0.99 a year ago.