The Peria Karamalai Tea and Produce Company 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 177.94 million compared to INR 136.44 million a year ago. Revenue was INR 179.43 million compared to INR 138.46 million a year ago. Net income was INR 8.81 million compared to INR 0.317 million a year ago. Basic earnings per share from continuing operations was INR 2.65 compared to INR 0.11 a year ago. Diluted earnings per share from continuing operations was INR 2.65 compared to INR 0.11 a year ago.
For the nine months, sales was INR 421.04 million compared to INR 398.07 million a year ago. Revenue was INR 429.41 million compared to INR 401.79 million a year ago. Net income was INR 17.12 million compared to net loss of INR 20.02 million a year ago. Basic earnings per share from continuing operations was INR 5.33 compared to basic loss per share from continuing operations of INR 6.46 a year ago. Diluted earnings per share from continuing operations was INR 5.33 compared to diluted loss per share from continuing operations of INR 6.46 a year ago.