CARE Ratings 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 786.77 million compared to INR 621.5 million a year ago. Revenue was INR 923.59 million compared to INR 737.35 million a year ago. Net income was INR 234.56 million compared to INR 159.51 million a year ago. Basic earnings per share from continuing operations was INR 7.88 compared to INR 5.38 a year ago. Diluted earnings per share from continuing operations was INR 7.85 compared to INR 5.38 a year ago.
For the nine months, sales was INR 2,415.37 million compared to INR 2,014.83 million a year ago. Revenue was INR 2,779.39 million compared to INR 2,290.5 million a year ago. Net income was INR 764.4 million compared to INR 639.27 million a year ago. Basic earnings per share from continuing operations was INR 25.71 compared to INR 21.56 a year ago. Diluted earnings per share from continuing operations was INR 25.64 compared to INR 21.56 a year ago.