CEAT 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 29,631.4 million compared to INR 27,272 million a year ago. Net income was INR 1,814.8 million compared to INR 353.9 million a year ago. Basic earnings per share from continuing operations was INR 44.87 compared to INR 8.75 a year ago. Diluted earnings per share from continuing operations was INR 44.87 compared to INR 8.75 a year ago.
For the nine months, sales was INR 89,516.3 million compared to INR 84,400.6 million a year ago. Net income was INR 5,340.9 million compared to INR 524.7 million a year ago. Basic earnings per share from continuing operations was INR 132.04 compared to INR 12.97 a year ago. Diluted earnings per share from continuing operations was INR 132.04 compared to INR 12.97 a year ago.