Bhagwati Autocast 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 244.05 million compared to INR 294.41 million a year ago. Revenue was INR 244.52 million compared to INR 294.57 million a year ago. Net income was INR 0.101 million compared to INR 11.87 million a year ago. Basic earnings per share from continuing operations was INR 0.04 compared to INR 4.12 a year ago. Diluted earnings per share from continuing operations was INR 0.04 compared to INR 4.12 a year ago.
For the nine months, sales was INR 1,020.09 million compared to INR 1,180.78 million a year ago. Revenue was INR 1,020.96 million compared to INR 1,181.04 million a year ago. Net income was INR 28.56 million compared to INR 54.89 million a year ago. Basic earnings per share from continuing operations was INR 9.91 compared to INR 19.05 a year ago. Diluted earnings per share from continuing operations was INR 9.91 compared to INR 19.05 a year ago.