TGB Banquets and Hotels 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 91.35 million compared to INR 83.97 million a year ago. Revenue was INR 92.84 million compared to INR 89.15 million a year ago. Net income was INR 5.42 million compared to net loss of INR 3.84 million a year ago. Basic earnings per share from continuing operations was INR 0.19 compared to basic loss per share from continuing operations of INR 0.13 a year ago. Diluted earnings per share from continuing operations was INR 0.19 compared to diluted loss per share from continuing operations of INR 0.13 a year ago.
For the nine months, sales was INR 286.88 million compared to INR 185.08 million a year ago. Revenue was INR 294.49 million compared to INR 191.79 million a year ago. Net income was INR 8.55 million compared to net loss of INR 165.94 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to basic loss per share from continuing operations of INR 5.67 a year ago. Diluted earnings per share from continuing operations was INR 0.29 compared to diluted loss per share from continuing operations of INR 5.67 a year ago.