Gallantt Ispat 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 10,626.62 million compared to INR 10,062.44 million a year ago. Revenue was INR 10,638.21 million compared to INR 10,068.98 million a year ago. Net income was INR 519.78 million compared to INR 209.12 million a year ago. Basic earnings per share from continuing operations was INR 2.15 compared to INR 0.87 a year ago. Diluted earnings per share from continuing operations was INR 2.15 compared to INR 0.87 a year ago.
For the nine months, sales was INR 30,487.04 million compared to INR 29,585.9 million a year ago. Revenue was INR 30,532.12 million compared to INR 29,644.96 million a year ago. Net income was INR 1,299.58 million compared to INR 729.92 million a year ago. Basic earnings per share from continuing operations was INR 5.39 compared to INR 3.03 a year ago. Diluted earnings per share from continuing operations was INR 5.39 compared to INR 3.03 a year ago.