Indo Borax & Chemicals 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 553.63 million compared to INR 448.82 million a year ago. Revenue was INR 573.9 million compared to INR 461.77 million a year ago. Net income was INR 136.97 million compared to INR 82.27 million a year ago. Basic earnings per share from continuing operations was INR 4.27 compared to INR 2.56 a year ago. Diluted earnings per share from continuing operations was INR 4.27 compared to INR 2.56 a year ago.
For the nine months, sales was INR 1,691.36 million compared to INR 1,268.86 million a year ago. Revenue was INR 1,739.21 million compared to INR 1,292.83 million a year ago. Net income was INR 380.45 million compared to INR 258.64 million a year ago. Basic earnings per share from continuing operations was INR 11.86 compared to INR 8.06 a year ago. Diluted earnings per share from continuing operations was INR 11.86 compared to INR 8.06 a year ago.