Shivalik Bimetal Controls 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 1,183.95 million compared to INR 881.29 million a year ago. Revenue was INR 1,190.42 million compared to INR 899.75 million a year ago. Net income was INR 166.57 million compared to INR 155.02 million a year ago. Basic earnings per share from continuing operations was INR 2.89 compared to INR 2.69 a year ago. Diluted earnings per share from continuing operations was INR 2.89 compared to INR 2.69 a year ago.
For the nine months, sales was INR 3,467.75 million compared to INR 2,346.71 million a year ago. Revenue was INR 3,568.09 million compared to INR 2,385.92 million a year ago. Net income was INR 575.97 million compared to INR 406.5 million a year ago. Basic earnings per share from continuing operations was INR 10 compared to INR 7.06 a year ago. Diluted earnings per share from continuing operations was INR 10 compared to INR 7.06 a year ago.