Vijay Solvex 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 5,661.69 million compared to INR 6,143.63 million a year ago. Revenue was INR 5,663.87 million compared to INR 6,159.37 million a year ago. Net income was INR 13.98 million compared to INR 40.3 million a year ago. Basic earnings per share from continuing operations was INR 4.37 compared to INR 12.59 a year ago. Diluted earnings per share from continuing operations was INR 4.37 compared to INR 12.59 a year ago.
For the nine months, sales was INR 18,094.07 million compared to INR 18,955.5 million a year ago. Revenue was INR 18,152.44 million compared to INR 19,022.76 million a year ago. Net income was INR 142.08 million compared to INR 370.33 million a year ago. Basic earnings per share from continuing operations was INR 44.38 compared to INR 115.68 a year ago. Diluted earnings per share from continuing operations was INR 44.38 compared to INR 115.68 a year ago.