CARE Ratings 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 621.5 million compared to INR 561.66 million a year ago. Revenue was INR 737.35 million compared to INR 629.59 million a year ago. Net income was INR 159.51 million compared to INR 145.48 million a year ago. Basic earnings per share from continuing operations was INR 5.38 compared to INR 4.93 a year ago. Diluted earnings per share from continuing operations was INR 5.38 compared to INR 4.74 a year ago.
For the nine months, sales was INR 2,014.83 million compared to INR 1,817.51 million a year ago. Revenue was INR 2,290.5 million compared to INR 2,017.66 million a year ago. Net income was INR 639.27 million compared to INR 522.08 million a year ago. Basic earnings per share from continuing operations was INR 21.56 compared to INR 17.72 a year ago. Diluted earnings per share from continuing operations was INR 21.56 compared to INR 17.49 a year ago.