Sangam (India) 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 6,050 million compared to INR 6,498 million a year ago. Revenue was INR 6,088.9 million compared to INR 6,524.4 million a year ago. Net income was INR 175.5 million compared to INR 437.4 million a year ago. Basic earnings per share from continuing operations was INR 3.99 compared to INR 10.07 a year ago. Diluted earnings per share from continuing operations was INR 3.91 compared to INR 10.07 a year ago.
For the nine months, sales was INR 20,276 million compared to INR 16,996.5 million a year ago. Revenue was INR 20,393 million compared to INR 17,075.9 million a year ago. Net income was INR 1,004.1 million compared to INR 865 million a year ago. Basic earnings per share from continuing operations was INR 22.81 compared to INR 19.92 a year ago. Diluted earnings per share from continuing operations was INR 22.36 compared to INR 19.92 a year ago.