CG Power and Industrial Solutions 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 19,787.5 million compared to INR 17,525 million a year ago. Revenue was INR 20,067.9 million compared to INR 17,870.1 million a year ago. Net income was INR 7,475 million compared to INR 2,277.6 million a year ago. Basic earnings per share from continuing operations was INR 1.29 compared to INR 1.53 a year ago. Diluted earnings per share from continuing operations was INR 1.29 compared to INR 1.53 a year ago. Basic earnings per share was INR 4.9 compared to INR 1.49 a year ago. Diluted earnings per share was INR 4.9 compared to INR 1.49 a year ago.
For the nine months, sales was INR 58,542.6 million compared to INR 50,697.5 million a year ago. Revenue was INR 59,140.6 million compared to INR 51,232.5 million a year ago. Net income was INR 11,934.1 million compared to INR 5,365.7 million a year ago. Basic earnings per share from continuing operations was INR 4.17 compared to INR 355 a year ago. Diluted earnings per share from continuing operations was INR 4.17 compared to INR 3.55 a year ago. Basic earnings per share was INR 7.81 compared to INR 3.55 a year ago. Diluted earnings per share was INR 7.81 compared to INR 355 a year ago.