Sunshield Chemicals 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 512.4 million compared to INR 579.9 million a year ago. Revenue was INR 518.5 million compared to INR 580 million a year ago. Net income was INR 10 million compared to INR 37.9 million a year ago. Basic earnings per share from continuing operations was INR 1.36 compared to INR 5.15 a year ago.
For the nine months, sales was INR 1,783 million compared to INR 1,772.6 million a year ago. Revenue was INR 1,793.7 million compared to INR 1,774.6 million a year ago. Net income was INR 103.1 million compared to INR 246.8 million a year ago. Basic earnings per share from continuing operations was INR 14.02 compared to INR 33.57 a year ago.