Electrotherm (India) 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 11,373.3 million compared to INR 6,149.7 million a year ago. Revenue was INR 11,376.6 million compared to INR 6,157 million a year ago. Net income was INR 1,070.8 million compared to INR 73.1 million a year ago. Basic earnings per share from continuing operations was INR 84.05 compared to INR 5.74 a year ago. Diluted earnings per share from continuing operations was INR 84.05 compared to INR 5.74 a year ago.
For the nine months, sales was INR 30,539.3 million compared to INR 20,408.9 million a year ago. Revenue was INR 30,568.5 million compared to INR 20,455.9 million a year ago. Net income was INR 2,133 million compared to net loss of INR 533.9 million a year ago. Basic earnings per share from continuing operations was INR 167.43 compared to basic loss per share from continuing operations of INR 41.91 a year ago. Diluted earnings per share from continuing operations was INR 167.43 compared to diluted loss per share from continuing operations of INR 41.91 a year ago.