IFGL Refractories Ltd. reports earnings results for the third quarter and nine months ended Dec. 31, 2023

2024-02-04

Feb. 3, 2024 - IFGL Refractories 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 3,661.8 million compared to INR 3,159.7 million a year ago. Revenue was INR 3,703.4 million compared to INR 3,183.1 million a year ago. Net income was INR 15.2 million compared to INR 157.9 million a year ago. Basic earnings per share from continuing operations was INR 0.42 compared to INR 4.38 a year ago. Diluted earnings per share from continuing operations was INR 0.42 compared to INR 4.38 a year ago.

For the nine months, sales was INR 12,455.5 million compared to INR 10,183.7 million a year ago. Revenue was INR 12,571 million compared to INR 10,237.6 million a year ago. Net income was INR 691.3 million compared to INR 497.9 million a year ago. Basic earnings per share from continuing operations was INR 19.18 compared to INR 13.82 a year ago. Diluted earnings per share from continuing operations was INR 19.18 compared to INR 13.82 a year ago.