Veto Switchgears and Cables 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 716.72 million compared to INR 714.15 million a year ago. Revenue was INR 736.03 million compared to INR 716.6 million a year ago. Net income was INR 46.77 million compared to INR 80.8 million a year ago. Basic earnings per share from continuing operations was INR 2.46 compared to INR 4.26 a year ago. Diluted earnings per share from continuing operations was INR 2.46 compared to INR 4.26 a year ago.
For the nine months, sales was INR 2,069.67 million compared to INR 1,888.7 million a year ago. Revenue was INR 2,095.6 million compared to INR 1,896.67 million a year ago. Net income was INR 180.65 million compared to INR 151.4 million a year ago. Basic earnings per share from continuing operations was INR 9.55 compared to INR 7.99 a year ago. Diluted earnings per share from continuing operations was INR 9.55 compared to INR 7.99 a year ago.