Cineline India Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 712.09 million compared to INR 427.18 million a year ago. Net income was INR 16.34 million compared to net loss of INR 47.49 million a year ago. Basic earnings per share from continuing operations was INR 0.5 compared to basic loss per share from continuing operations of INR 1.5 a year ago. Diluted earnings per share from continuing operations was INR 0.5 compared to diluted loss per share from continuing operations of INR 1.5 a year ago.
For the nine months, revenue was INR 1,992.67 million compared to INR 980.93 million a year ago. Net income was INR 19.58 million compared to INR 87.47 million a year ago. Basic earnings per share from continuing operations was INR 0.61 compared to basic loss per share from continuing operations of INR 4.64 a year ago. Diluted earnings per share from continuing operations was INR 0.61 compared to diluted loss per share from continuing operations of INR 4.64 a year ago.