MosChip Technologies 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 537.01 million compared to INR 382.93 million a year ago. Revenue was INR 543.18 million compared to INR 394.86 million a year ago. Net income was INR 18.61 million compared to INR 21.17 million a year ago. Basic earnings per share from continuing operations was INR 0.113 compared to INR 0.13 a year ago. Diluted earnings per share from continuing operations was INR 0.103 compared to INR 0.13 a year ago.
For the nine months, sales was INR 1,445.21 million compared to INR 1,102.33 million a year ago. Revenue was INR 1,493.27 million compared to INR 1,148.03 million a year ago. Net income was INR 46.57 million compared to INR 54.44 million a year ago. Basic earnings per share from continuing operations was INR 0.29 compared to INR 0.34 a year ago. Diluted earnings per share from continuing operations was INR 0.27 compared to INR 0.32 a year ago.