Escorts Kubota 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 23,416.2 million compared to INR 22,913.5 million a year ago. Revenue was INR 24,452.1 million compared to INR 23,830.3 million a year ago. Net income was INR 2,840 million compared to INR 1,808.2 million a year ago. Basic earnings per share from continuing operations was INR 26.2 compared to INR 16.7 a year ago. Diluted earnings per share from continuing operations was INR 26.15 compared to INR 16.68 a year ago.
For the nine months, sales was INR 67,560.9 million compared to INR 62,142.1 million a year ago. Revenue was INR 70,491.2 million compared to INR 64,194.6 million a year ago. Net income was INR 7,972.1 million compared to INR 4,202.9 million a year ago. Basic earnings per share from continuing operations was INR 73.57 compared to INR 38.85 a year ago. Diluted earnings per share from continuing operations was INR 73.44 compared to INR 38.79 a year ago.