W.S. Industries (India) 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 249.43 million. Revenue was INR 250.97 million. Net income was INR 59.24 million compared to net loss of INR 492.25 million a year ago. Basic earnings per share from continuing operations was INR 1.72 compared to basic loss per share from continuing operations of INR 0.82 a year ago. Diluted earnings per share from continuing operations was INR 1.72 compared to diluted loss per share from continuing operations of INR 0.82 a year ago. Basic earnings per share was INR 1.72 compared to basic loss per share of INR 18.84 a year ago. Diluted earnings per share was INR 1.72 compared to diluted loss per share of INR 18.84 a year ago.
For the nine months, sales was INR 289.69 million. Revenue was INR 293.1 million. Net income was INR 200.37 million compared to net loss of INR 636.97 million a year ago. Basic earnings per share from continuing operations was INR 0.79 compared to basic loss per share from continuing operations of INR 1.74 a year ago. Diluted earnings per share from continuing operations was INR 0.79 compared to diluted loss per share from continuing operations of INR 1.74 a year ago. Basic earnings per share was INR 5.46 compared to basic loss per share of INR 24.55 a year ago. Diluted earnings per share was INR 5.46 compared to diluted loss per share of INR 24.55 a year ago.