Rajapalayam Mills Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 2,245 million compared to INR 1,717.7 million a year ago. Net income was INR 78.6 million compared to INR 190.6 million a year ago. Basic earnings per share from continuing operations was INR 9 compared to INR 22 a year ago. Diluted earnings per share from continuing operations was INR 9 compared to INR 22 a year ago.
For the nine months, revenue was INR 6,480.9 million compared to INR 4,842 million a year ago. Net income was INR 531.5 million compared to INR 1,520.3 million a year ago. Basic earnings per share from continuing operations was INR 62 compared to INR 177 a year ago. Diluted earnings per share from continuing operations was INR 62 compared to INR 177 a year ago.