V2 Retail 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 3,737.62 million compared to INR 2,396.56 million a year ago. Revenue was INR 3,767.88 million compared to INR 2,420.47 million a year ago. Net income was INR 235.69 million compared to INR 93.17 million a year ago. Basic earnings per share from continuing operations was INR 6.82 compared to INR 2.71 a year ago. Diluted earnings per share from continuing operations was INR 6.82 compared to INR 2.69 a year ago.
For the nine months, sales was INR 8,686.89 million compared to INR 6,454.5 million a year ago. Revenue was INR 8,752.36 million compared to INR 6,499.93 million a year ago. Net income was INR 241.12 million compared to net loss of INR 51.11 million a year ago. Basic earnings per share from continuing operations was INR 6.98 compared to basic loss per share from continuing operations of INR 1.49 a year ago. Diluted earnings per share from continuing operations was INR 6.98 compared to diluted loss per share from continuing operations of INR 1.49 a year ago.