Vaibhav Global 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 7,236.65 million compared to INR 7,504.12 million a year ago. Revenue was INR 7,380.83 million compared to INR 7,510.7 million a year ago. Net income was INR 389.1 million compared to INR 695.54 million a year ago. Basic earnings per share from continuing operations was INR 2.37 compared to INR 4.26 a year ago. Diluted earnings per share from continuing operations was INR 2.33 compared to INR 4.16 a year ago.
For the nine months, sales was INR 19,981.94 million compared to INR 20,672.44 million a year ago. Revenue was INR 20,166.62 million compared to INR 20,803.94 million a year ago. Net income was INR 815.72 million compared to INR 2,105.06 million a year ago. Basic earnings per share from continuing operations was INR 4.97 compared to INR 12.9 a year ago. Diluted earnings per share from continuing operations was INR 4.89 compared to INR 12.58 a year ago.