CG Power and Industrial Solutions 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 17,754.4 million compared to INR 15,510.1 million a year ago. Revenue was INR 18,099.5 million compared to INR 15,588.9 million a year ago. Net income was INR 2,278.6 million compared to INR 5,450.6 million a year ago. Basic earnings per share from continuing operations was INR 1.5 compared to INR 4.03 a year ago. Diluted earnings per share from continuing operations was INR 1.5 compared to INR 3.59 a year ago. Basic earnings per share was INR 1.49 compared to INR 4.03 a year ago. Diluted earnings per share was INR 1.49 compared to INR 3.59 a year ago.
For the nine months, sales was INR 51,369.5 million compared to INR 40,548.4 million a year ago. Revenue was INR 51,914.5 million compared to INR 40,882.7 million a year ago. Net income was INR 5,367.6 million compared to INR 8,014.2 million a year ago. Basic earnings per share from continuing operations was INR 3.56 compared to INR 5.96 a year ago. Diluted earnings per share from continuing operations was INR 3.56 compared to INR 5.32 a year ago. Basic earnings per share was INR 3.55 compared to INR 5.96 a year ago. Diluted earnings per share was INR 3.55 compared to INR 5.32 a year ago.