Electrosteel Castings 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 18,518.57 million compared to INR 14,381.83 million a year ago. Revenue was INR 18,671.99 million compared to INR 14,506.69 million a year ago. Net income was INR 784.35 million compared to INR 966.31 million a year ago. Basic earnings per share from continuing operations was INR 1.32 compared to INR 1.63 a year ago. Diluted earnings per share from continuing operations was INR 1.32 compared to INR 1.63 a year ago.
For the nine months, sales was INR 54,031.34 million compared to INR 37,040.02 million a year ago. Revenue was INR 54,517.66 million compared to INR 37,511.84 million a year ago. Net income was INR 2,263.72 million compared to INR 2,343.49 million a year ago. Basic earnings per share from continuing operations was INR 3.81 compared to INR 3.94 a year ago. Diluted earnings per share from continuing operations was INR 3.81 compared to INR 3.94 a year ago.