Vinayak Polycon: Vinayak Polycon International Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022

Vinayak Polycon International 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 59.28 million compared to INR 46.43 million a year ago. Revenue was INR 59.89 million compared to INR 46.43 million a year ago. Net income was INR 0.489 million compared to INR 0.981 million a year ago. Basic earnings per share from continuing operations was INR 0.16 compared to INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 0.16 compared to INR 0.32 a year ago. For the nine months, sales was INR 155.61 million compared to INR 105.46 million a year ago. Revenue was INR 156.22 million compared to INR 105.46 million a year ago. Net income was INR 0.956 million compared to net loss of INR 0.288 million a year ago. Basic earnings per share from continuing operations was INR 0.31 compared to basic loss per share from continuing operations of INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 0.31 compared to diluted loss per share from continuing operations of INR 0.09 a year ago.