Shivalik Rasayan 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 702.34 million compared to INR 573.63 million a year ago. Revenue was INR 717.36 million compared to INR 588.24 million a year ago. Net income was INR 30.62 million compared to INR 47.43 million a year ago. Basic earnings per share from continuing operations was INR 2.03 compared to INR 3.27 a year ago. Diluted earnings per share from continuing operations was INR 2.03 compared to INR 3.27 a year ago.
For the nine months, sales was INR 2,017.48 million compared to INR 1,715.21 million a year ago. Revenue was INR 2,042.33 million compared to INR 1,752.86 million a year ago. Net income was INR 91.19 million compared to INR 163.6 million a year ago. Basic earnings per share from continuing operations was INR 6.13 compared to INR 11.29 a year ago. Diluted earnings per share from continuing operations was INR 6.13 compared to INR 11.29 a year ago.