Lakshmi Machine Works Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 9,117.62 million compared to INR 4,785.63 million a year ago. Revenue was INR 9,325.11 million compared to INR 4,995.39 million a year ago. Net income was INR 643.69 million compared to INR 332.61 million a year ago. Basic earnings per share from continuing operations was INR 60.25 compared to INR 31.13 a year ago. Diluted earnings per share from continuing operations was INR 60.25 compared to INR 31.13 a year ago.
For the nine months, sales was INR 21,724.58 million compared to INR 10,436.8 million a year ago. Revenue was INR 22,258.84 million compared to INR 10,987.72 million a year ago. Net income was INR 983.22 million compared to INR 185.5 million a year ago. Basic earnings per share from continuing operations was INR 92.04 compared to INR 17.36 a year ago. Diluted earnings per share from continuing operations was INR 92.04 compared to INR 17.36 a year ago.