Escorts Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 19,842.8 million compared to INR 20,422.3 million a year ago. Revenue was INR 20,250 million compared to INR 20,909.3 million a year ago. Net income was INR 1,941.9 million compared to INR 2,867.1 million a year ago. Basic earnings per share from continuing operations was INR 19.74 compared to INR 29.21 a year ago. Diluted earnings per share from continuing operations was INR 19.67 compared to INR 29.17 a year ago.
For the nine months, sales was INR 53,599.2 million compared to INR 47,856.7 million a year ago. Revenue was INR 55,149.7 million compared to INR 49,041.5 million a year ago. Net income was INR 5,455.5 million compared to INR 6,060.4 million a year ago. Basic earnings per share from continuing operations was INR 55.48 compared to INR 64.9 a year ago. Diluted earnings per share from continuing operations was INR 55.35 compared to INR 64.81 a year ago.