The Andhra Sugars 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 5,590.97 million compared to INR 5,094.88 million a year ago. Revenue was INR 5,660.59 million compared to INR 5,139.62 million a year ago. Net income was INR 393.57 million compared to INR 552.47 million a year ago. Basic earnings per share from continuing operations was INR 2.9 compared to INR 4.08 a year ago.
For the nine months, sales was INR 18,285.88 million compared to INR 13,937.02 million a year ago. Revenue was INR 18,487.56 million compared to INR 14,080.95 million a year ago. Net income was INR 1,536.54 million compared to INR 1,626.51 million a year ago. Basic earnings per share from continuing operations was INR 11.34 compared to INR 12 a year ago.