Spice Islands Industries 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 1 million compared to INR 5.06 million a year ago. Revenue was INR 2.83 million compared to INR 5.97 million a year ago. Net income was INR 0.71 million compared to INR 0.095 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 0.17 compared to INR 0.02 a year ago.
For the nine months, sales was INR 4.22 million compared to INR 6.72 million a year ago. Revenue was INR 6.92 million compared to INR 8.16 million a year ago. Net income was INR 2.05 million compared to net loss of INR 1.02 million a year ago. Basic earnings per share from continuing operations was INR 0.48 compared to basic loss per share from continuing operations of INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 0.48 compared to diluted loss per share from continuing operations of INR 0.24 a year ago.