Virinchi 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 791.9 million compared to INR 819.62 million a year ago. Revenue was INR 804.55 million compared to INR 835.49 million a year ago. Net income was INR 60.02 million compared to INR 62.75 million a year ago. Basic earnings per share from continuing operations was INR 0.73 compared to INR 0.79 a year ago. Diluted earnings per share from continuing operations was INR 0.73 compared to INR 0.79 a year ago.
For the nine months, sales was INR 2,339.97 million compared to INR 2,801.53 million a year ago. Revenue was INR 2,364.63 million compared to INR 2,854 million a year ago. Net income was INR 7.08 million compared to INR 116.6 million a year ago. Basic earnings per share from continuing operations was INR 0.09 compared to INR 1.47 a year ago. Diluted earnings per share from continuing operations was INR 0.09 compared to INR 1.47 a year ago.