Asian Energy Services 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 948.33 million compared to INR 288.93 million a year ago. Revenue was INR 954.17 million compared to INR 0.2963 million a year ago. Net income was INR 139.09 million compared to net loss of INR 104.72 million a year ago. Basic earnings per share from continuing operations was INR 3.6 compared to basic loss per share from continuing operations of INR 2.78 a year ago. Diluted earnings per share from continuing operations was INR 3.39 compared to diluted loss per share from continuing operations of INR 2.78 a year ago.
For the nine months, sales was INR 1,863.37 million compared to INR 812.62 million a year ago. Revenue was INR 1,917.3 million compared to INR 837.74 million a year ago. Net income was INR 119.25 million compared to net loss of INR 378.1 million a year ago. Basic earnings per share from continuing operations was INR 3.13 compared to basic loss per share from continuing operations of INR 10.03 a year ago. Diluted earnings per share from continuing operations was INR 3.09 compared to diluted loss per share from continuing operations of INR 10.03 a year ago.