Kinetic Engineering 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 343 million compared to INR 327.5 million a year ago. Revenue was INR 361.3 million compared to INR 331.2 million a year ago. Net income was INR 10.1 million compared to INR 4.73 million a year ago. Basic earnings per share from continuing operations was INR 0.42 compared to INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 0.42 compared to INR 0.24 a year ago.
For the nine months, sales was INR 1,032.4 million compared to INR 997.2 million a year ago. Revenue was INR 1,113 million compared to INR 1,013.6 million a year ago. Net income was INR 40.3 million compared to INR 10.13 million a year ago. Basic earnings per share from continuing operations was INR 1.85 compared to INR 0.51 a year ago. Diluted earnings per share from continuing operations was INR 1.85 compared to INR 0.51 a year ago.