G N A Axles 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 3,569.98 million compared to INR 15,829.34 million a year ago. Revenue was INR 3,573.07 million compared to INR 15,843.48 million a year ago. Net income was INR 224.66 million compared to INR 1,302.08 million a year ago. Basic earnings per share from continuing operations was INR 5.23 compared to INR 7.77 a year ago. Diluted earnings per share from continuing operations was INR 5.23 compared to INR 7.77 a year ago.
For the nine months, sales was INR 11,352.39 million compared to INR 11,991.79 million a year ago. Revenue was INR 11,371.39 million compared to INR 12,001.89 million a year ago. Net income was INR 832.27 million compared to INR 961.93 million a year ago. Basic earnings per share from continuing operations was INR 19.39 compared to INR 44.81 a year ago. Diluted earnings per share from continuing operations was INR 19.39 compared to INR 44.81 a year ago.