Sonal Mercantile Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 63.74 million compared to INR 50.09 million a year ago. Net income was INR 60.14 million compared to INR 33.63 million a year ago. Basic earnings per share from continuing operations was INR 3.24 compared to INR 1.86 a year ago. Diluted earnings per share from continuing operations was INR 3.24 compared to INR 1.86 a year ago.
For the nine months, revenue was INR 179.86 million compared to INR 151.65 million a year ago. Net income was INR 176.47 million compared to INR 140 million a year ago. Basic earnings per share from continuing operations was INR 9.47 compared to INR 7.75 a year ago. Diluted earnings per share from continuing operations was INR 9.47 compared to INR 7.75 a year ago.