Sheshadri Industries Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 58.41 million compared to INR 259.07 million a year ago. Revenue was INR 58.5 million compared to INR 261.24 million a year ago. Net income was INR 5.97 million compared to INR 10.73 million a year ago. Basic earnings per share from continuing operations was INR 1.21 compared to INR 2.16 a year ago.
For the nine months, sales was INR 262.98 million compared to INR 612.65 million a year ago. Revenue was INR 264.32 million compared to INR 619.03 million a year ago. Net income was INR 84.91 million compared to INR 43.46 million a year ago. Basic earnings per share from continuing operations was INR 17.12 compared to INR 8.76 a year ago.