Neuland Laboratories 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 3,928.28 million compared to INR 2,692.5 million a year ago. Revenue was INR 3,949.29 million compared to INR 2,701.83 million a year ago. Net income was INR 813.9 million compared to INR 305.48 million a year ago. Basic earnings per share from continuing operations was INR 63.44 compared to INR 23.81 a year ago. Diluted earnings per share from continuing operations was INR 63.44 compared to INR 23.81 a year ago.
For the nine months, sales was INR 11,735.71 million compared to INR 7,841.25 million a year ago. Revenue was INR 11,807.58 million compared to INR 7,858.09 million a year ago. Net income was INR 2,325.17 million compared to INR 789.74 million a year ago. Basic earnings per share from continuing operations was INR 181.23 compared to INR 61.55 a year ago. Diluted earnings per share from continuing operations was INR 181.23 compared to INR 61.55 a year ago.