DRC Systems India 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 86.4 million compared to INR 42.89 million a year ago. Revenue was INR 87.59 million compared to INR 43.01 million a year ago. Net income was INR 39.31 million compared to INR 0.74 million a year ago. Basic earnings per share from continuing operations was INR 0.99 compared to INR 0.02 a year ago. Diluted earnings per share from continuing operations was INR 0.98 compared to INR 0.02 a year ago.
For the nine months, sales was INR 188.52 million compared to INR 148.56 million a year ago. Revenue was INR 190.82 million compared to INR 150.16 million a year ago. Net income was INR 55.07 million compared to INR 3.48 million a year ago. Basic earnings per share from continuing operations was INR 1.39 compared to INR 0.09 a year ago. Diluted earnings per share from continuing operations was INR 1.37 compared to INR 0.09 a year ago.