Sofcom Systems 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 13.51 million. Revenue was INR 13.51 million. Net income was INR 3.16 million compared to net loss of INR 0.037 million a year ago. Basic earnings per share from continuing operations was INR 0.76 compared to basic loss per share from continuing operations of INR 0.01 a year ago. Diluted earnings per share from continuing operations was INR 0.76 compared to diluted loss per share from continuing operations of INR 0.01 a year ago.
For the nine months, sales was INR 27.26 million. Revenue was INR 41.83 million. Net income was INR 24.96 million compared to net loss of INR 0.589 million a year ago. Basic earnings per share from continuing operations was INR 6.01 compared to basic loss per share from continuing operations of INR 0.14 a year ago. Diluted earnings per share from continuing operations was INR 6.01 compared to diluted loss per share from continuing operations of INR 0.14 a year ago.