APIS India 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 790.89 million compared to INR 881.75 million a year ago. Revenue was INR 792.4 million compared to INR 884.28 million a year ago. Net income was INR 156.23 million compared to INR 33.58 million a year ago. Basic earnings per share from continuing operations was INR 28.35 compared to INR 6.09 a year ago. Diluted earnings per share from continuing operations was INR 28.35 compared to INR 6.09 a year ago.
For the nine months, sales was INR 2,370.92 million compared to INR 2,549.58 million a year ago. Revenue was INR 2,378.7 million compared to INR 2,553.28 million a year ago. Net income was INR 295.97 million compared to INR 125.28 million a year ago. Basic earnings per share from continuing operations was INR 53.71 compared to INR 22.74 a year ago. Diluted earnings per share from continuing operations was INR 53.71 compared to INR 22.74 a year ago.