Shah Metacorp 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 129.11 million compared to INR 154 million a year ago. Revenue was INR 131.17 million compared to INR 168.12 million a year ago. Net income was INR 7.71 million compared to INR 22.09 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.14 a year ago. Diluted earnings per share from continuing operations was INR 0.02 compared to INR 0.14 a year ago.
For the nine months, sales was INR 504.88 million compared to INR 192.12 million a year ago. Revenue was INR 547.8 million compared to INR 267.38 million a year ago. Net income was INR 27.83 million compared to INR 40.58 million a year ago. Basic earnings per share from continuing operations was INR 0.07 compared to INR 0.26 a year ago. Diluted earnings per share from continuing operations was INR 0.07 compared to INR 0.26 a year ago.