VISA Steel: VISA Steel Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022

VISA Steel 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 1,602.61 million compared to INR 2,659.46 million a year ago. Revenue was INR 1,604.95 million compared to INR 2,661.65 million a year ago. Net income was INR 17,274.15 million compared to net loss of INR 176.67 million a year ago. Basic earnings per share from continuing operations was INR 149.19 compared to basic loss per share from continuing operations of INR 1.53 a year ago. Diluted earnings per share from continuing operations was INR 149.19 compared to diluted loss per share from continuing operations of INR 1.53 a year ago. For the nine months, sales was INR 5,502.08 million compared to INR 8,076.97 million a year ago. Revenue was INR 5,510.28 million compared to INR 8,089.53 million a year ago. Net income was INR 16,806.11 million compared to net loss of INR 778.7 million a year ago. Basic earnings per share from continuing operations was INR 145.14 compared to basic loss per share from continuing operations of INR 6.73 a year ago. Diluted earnings per share from continuing operations was INR 145.14 compared to diluted loss per share from continuing operations of INR 6.73 a year ago.