Polychem 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 119.6 million compared to INR 86.5 million a year ago. Revenue was INR 127.66 million compared to INR 89.12 million a year ago. Net income was INR 15.5 million compared to net loss of INR 1.77 million a year ago. Basic earnings per share from continuing operations was INR 38.35 compared to basic loss per share from continuing operations of INR 4.37 a year ago.
For the nine months, sales was INR 389.57 million compared to INR 243.16 million a year ago. Revenue was INR 439.9 million compared to INR 254.22 million a year ago. Net income was INR 55.22 million compared to net loss of INR 0.513 million a year ago. Basic earnings per share from continuing operations was INR 136.68 compared to basic loss per share from continuing operations of INR 1.27 a year ago.