Zenith Fibres 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 92.97 million compared to INR 122.9 million a year ago. Revenue was INR 99.98 million compared to INR 128.42 million a year ago. Net income was INR 5.22 million compared to INR 5.3 million a year ago. Basic earnings per share from continuing operations was INR 1.32 compared to INR 1.34 a year ago. Diluted earnings per share from continuing operations was INR 1.32 compared to INR 1.34 a year ago.
For the nine months, sales was INR 254.71 million compared to INR 422.19 million a year ago. Revenue was INR 273.49 million compared to INR 437.69 million a year ago. Net income was INR 11.48 million compared to INR 30.63 million a year ago. Basic earnings per share from continuing operations was INR 2.91 compared to INR 7.77 a year ago. Diluted earnings per share from continuing operations was INR 2.91 compared to INR 7.77 a year ago.