MosChip Technologies 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 896.3 million compared to INR 537.01 million a year ago. Revenue was INR 900.43 million compared to INR 543.18 million a year ago. Net income was INR 21.87 million compared to INR 18.61 million a year ago. Basic earnings per share from continuing operations was INR 0.12 compared to INR 0.11 a year ago. Diluted earnings per share from continuing operations was INR 0.12 compared to INR 0.1 a year ago.
For the nine months, sales was INR 2,184.9 million compared to INR 1,445.21 million a year ago. Revenue was INR 2,211.38 million compared to INR 1,493.27 million a year ago. Net income was INR 90.19 million compared to INR 46.57 million a year ago. Basic earnings per share from continuing operations was INR 0.51 compared to INR 0.29 a year ago. Diluted earnings per share from continuing operations was INR 0.48 compared to INR 0.27 a year ago.