GRM Overseas 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 3,569.45 million compared to INR 2,968.26 million a year ago. Revenue was INR 3,651.34 million compared to INR 3,132.24 million a year ago. Net income was INR 196.13 million compared to INR 266.65 million a year ago. Basic earnings per share from continuing operations was INR 3.27 compared to INR 4.45 a year ago. Diluted earnings per share from continuing operations was INR 3.27 compared to INR 4.45 a year ago.
For the nine months, sales was INR 9,458.36 million compared to INR 7,722 million a year ago. Revenue was INR 9,541.16 million compared to INR 7,945.05 million a year ago. Net income was INR 515.83 million compared to INR 694.34 million a year ago. Basic earnings per share from continuing operations was INR 8.6 compared to INR 11.6 a year ago. Diluted earnings per share from continuing operations was INR 8.6 compared to INR 11.6 a year ago.