Eimco Elecon (India) 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 380.87 million compared to INR 226.27 million a year ago. Revenue was INR 410.32 million compared to INR 242.54 million a year ago. Net income was INR 49.11 million compared to INR 18.98 million a year ago. Basic earnings per share from continuing operations was INR 8.51 compared to INR 3.29 a year ago. Diluted earnings per share from continuing operations was INR 8.51 compared to INR 3.29 a year ago.
For the nine months, sales was INR 1,084.6 million compared to INR 484.4 million a year ago. Revenue was INR 1,149.91 million compared to INR 550.92 million a year ago. Net income was INR 97.13 million compared to INR 48.91 million a year ago. Basic earnings per share from continuing operations was INR 16.84 compared to INR 8.48 a year ago. Diluted earnings per share from continuing operations was INR 16.84 compared to INR 8.48 a year ago.