The Baroda Rayon Corporation 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 75.33 million. Revenue was INR 142.55 million compared to INR 54.95 million a year ago. Net income was INR 2,392.05 million compared to INR 21.02 million a year ago. Basic earnings per share from continuing operations was INR 104.4 compared to INR 0.92 a year ago. Diluted earnings per share from continuing operations was INR 104.4 compared to INR 0.92 a year ago.
For the nine months, sales was INR 213.33 million. Revenue was INR 411.44 million compared to INR 259.3 million a year ago. Net income was INR 2,497.77 million compared to INR 193.14 million a year ago. Basic earnings per share from continuing operations was INR 109.02 compared to INR 8.43 a year ago. Diluted earnings per share from continuing operations was INR 109.02 compared to INR 8.43 a year ago.