Energy Development 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 91.85 million compared to INR 96.43 million a year ago. Revenue was INR 95.05 million compared to INR 103.31 million a year ago. Net income was INR 16.43 million compared to INR 16.01 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to INR 0.26 a year ago. Diluted earnings per share from continuing operations was INR 0.35 compared to INR 0.26 a year ago.
For the nine months, sales was INR 260.66 million compared to INR 338.93 million a year ago. Revenue was INR 269.81 million compared to INR 372.82 million a year ago. Net income was INR 29.75 million compared to INR 106 million a year ago. Basic earnings per share from continuing operations was INR 0.63 compared to INR 1.99 a year ago. Diluted earnings per share from continuing operations was INR 0.63 compared to INR 1.99 a year ago.