Tasty Dairy Specialities 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 283.27 million compared to INR 405.83 million a year ago. Revenue was INR 283.66 million compared to INR 405.91 million a year ago. Net income was INR 41.89 million compared to net loss of INR 15.08 million a year ago. Basic earnings per share from continuing operations was INR 2.05 compared to basic loss per share from continuing operations of INR 0.74 a year ago. Diluted earnings per share from continuing operations was INR 2.05 compared to diluted loss per share from continuing operations of INR 0.74 a year ago.
For the nine months, sales was INR 785.92 million compared to INR 1,357.93 million a year ago. Revenue was INR 795.58 million compared to INR 1,362.02 million a year ago. Net income was INR 11.49 million compared to net loss of INR 28.95 million a year ago. Basic earnings per share from continuing operations was INR 0.56 compared to basic loss per share from continuing operations of INR 1.42 a year ago. Diluted earnings per share from continuing operations was INR 0.56 compared to diluted loss per share from continuing operations of INR 1.42 a year ago.